5/38-46 Petrel Avenue

Mermaid Beach QLD 4218

Move straight in and enjoy everything this incredible location has to offer, or continue operating as a successful holiday rental as the unit comes fully furnished. Offered with vacant possession available, the flexibility is yours-live in, lease out or simply lock up and leave whenever the beach calls.

Lifestyle is what truly sets this property apart. Leave the car securely parked in the basement and walk everywhere. Start your mornings on the beach, enjoy brunch at The Oxley, meet friends for dinner at Baby Mamasan or Lars Bar & Grill, and finish the day watching the sunset over one of the Gold Coast's most sought-after coastal communities.

Connectivity has never been better, with the new light rail station only a three-minute walk away. Travel effortlessly south to Burleigh Heads or north through Broadbeach, Surfers Paradise and Helensvale, where you can connect directly to Brisbane via the heavy rail network. This outstanding transport link only adds to the long-term appeal of this blue-chip address.

Affordable opportunities this close to the beach are becoming increasingly rare. Combining an unbeatable location, strong investment credentials and an enviable coastal lifestyle, this is the type of property buyers wait for-and one that won't stay available for long.

Property Features
Affordable 1 bedroom, 1 bathroom apartment in the heart of Nobbys Beach
Fully furnished
Convenient ground floor position
Boutique complex of just 36 apartments
Positioned on a substantial 2,023m parcel of prime beachside land
Open plan living and dining area
East-facing covered front balcony
Private rear tiled terrace capturing the afternoon sun
Spacious bedroom with terrace access
Air conditioning to the living area
Ceiling fan in the bedroom
Bathroom with full-sized bath and built-in laundry space
Secure basement car accommodation
Resort-style swimming pool
Beautifully landscaped gardens
Excellent onsite management
Currently operating as a successful holiday let
Vacant possession available if required
Just 150 metres to the golden sands of Nobbys Beach
Only a short stroll to the new light rail station, The Oxley, Baby Mamasan, Lars Bar & Grill and the renowned Nobbys Beach dining precinct.

Property Specifics:
Council Rates: $1,105.79* per half year
Water Rates: $383.50* per quarter
Rental Appraisal: Estimated rental income of $750 - $800* per week
Body Corporate: $160* per week (a 20% discount has already 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.