5/116 Petrel Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.
Case Study:
Method of Sale: Private Treaty
Days on Market: 12
Located mere footsteps from the Golden Sands of Mermaid Beach, this beautiful two-bedroom, one-bathroom renovated apartment captures an abundance of natural light and cool calming sea breezes all year round. Perfectly positioned within a boutique building of only 9 apartments on an 809sqm beachside block, this beach home is within easy walking distance to everything that this lifestyle location has to offer.
The functional floor plan is designed with relaxed easy living in mind. Sundrenched open plan living and dining spaces flow seamlessly to the North-East facing balcony, offering the perfect space to relax and unwind.
A fully renovated modern kitchen forms the heart of the home with plenty of bench space, breakfast seating, feature timber panelling, new electric appliances, dishwasher and an abundance of storage. A feature timber wall in the dining area and plantation shutters in the living further modernise and add warmth to the space.
Two light-filled bedrooms both very generously sized with ceiling fans and built-in robes with custom joinery. Large, combined family bathroom that has been gorgeously renovated with floor to ceiling tiles, walk-in shower, floating vanity, recessed shelving and space for a washer and dryer. Separate toilet for convenience.
Single allocated carparking space in secure basement with electric roller door and storage shed. Situated in the Gold Coast's most exclusive beachside pocket, promoting a relaxed carefree lifestyle in a location to love among popular cafes, parklands, restaurants and bars, patrolled surfing beaches, The Oxley, Nobby's Precinct, public transport, local schools, retail shops, sporting facilities, and the soon to be operating light rail stage 3A development all only footsteps from your door.
Property Features:
• 2-bedroom, 1-bathroom sundrenched beach apartment
• Fully renovated throughout, presenting in immaculate condition
• 200m flat walk to the sand and surf
• Positioned within a boutique building of only 9 apartments on a double beachside block (809sqm)
• Sundrenched open plan living and dining spaces
• Plantation shutters on floor to ceiling balcony doors
• North-East facing private balcony which captures beautiful sea breezes
• Modern kitchen with new electric appliances, ample bench space, breakfast seating, timber panelling and an abundance of storage
• Two generously sized bedrooms both complete ceiling fans and built-in robes with custom joinery
• Renovated bathroom with large walk-in shower, floor to ceiling tiles, floating vanity and separate toilet
• Bathroom / laundry combination with space for a washer and dryer
• Allocated carparking space in secure basement with electric roller door
• Storage shed
• Brand new hot water system
• Walking distance to world class beaches, restaurants, cafes, bars, public transport, shops and schools
Property Specifics:
• Council Rates: $1,583.63* per half year
• Water Rates: $437.60* per quarter
• Rental Appraisal: Estimated rental income of $1,000* per week
• Body Corporate: $62* per week (10% discount has been applied to this amount for prompt payment)
*Approx.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
The size of Mermaid Beach is approximately 1.5 square kilometres. There are 5 parks, covering nearly 2.0% of the total area. The population of Mermaid Beach in 2016 was 6533 people. By 2021 the population was 7329 showing a population growth of 12.2% in the area during that time. The predominant age group in Mermaid Beach is 20-29 years. Households in Mermaid Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mermaid Beach work in a professional occupation.In 2021, 50.80% of the homes in Mermaid Beach were owner-occupied compared with 43.50% in 2016.
Mermaid Beach has 5,870 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 40.80% increase in median value, while Units have seen a 72.73% increase. As at 31 July 2026:
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