Back 2/116 Petrel Ave
Off Market

2/116 Petrel Ave

Mermaid Beach QLD 4218

2
1
1
Unit
Last sold for $980,000
Josie RossJosie Ross, last sold this property on 22 February 2026 after 18 days on market.

Overview

Spacious Ground Floor Apartment in Lifestyle Location

Case Study: Method of Sale: Private Treaty Days on Market: 6 Open Homes: 1 OFI Attendees: 27 Online Enquiries: 22 Views Online: 2,665 Written Offers: 3 Located mere footsteps from the Golden Sands of Mermaid Beach, this beautiful two-bedroom, one-bathroom ground floor 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 are serviced by split system air conditioning and flow seamlessly to the North-East facing balcony, offering the perfect space to relax and unwind or entertain friends and family in style. A modern kitchen forms the heart of the home with plenty of bench space, quality appliances, island bench, breakfast seating and an abundance of storage. Two generously sized bedrooms both with ceiling fans and built-in robes. Renovated combined family bathroom and laundry with large walk-in shower, floor to ceiling tiles and separate toilet. Single allocated carparking space in secure basement with electric roller door. 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 ground floor beach apartment • 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 • North-East facing entertaining area which captures beautiful sea breezes • Modern kitchen with electric appliances, island bench, breakfast seating, plenty of bench space and an abundance of storage • Two generously sized bedrooms both with ceiling fans and built-in robes • Renovated bathroom with walk-in shower, floor to ceiling tiles and separate toilet • Allocated carparking space in secure basement with electric roller door • Split system air-conditioning • Walking distance to world class beaches, restaurants, cafes, bars, public transport, shops and schools Property Specifics: • Council Rates: $2,046.86* per half half year (investment rate) • Water Rates: $344.90* per quarter • Body Corporate Rates: $62* per week (10% incentive discount applied for early payment) • Rental Appraisal: Estimated rental income of $800-$850* per week (currently leased for $800 per week until 4th June 2026) *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.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Mermaid Beach over the last 12 months, the estimated median property value of 2/116 Petrel Ave is $900k.

Median value
$900k
Estimated value range
$735k - $1.57m
Median days on market
26
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mermaid Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2/116 Petrel Ave

2026
Sold
$980,000
22 Feb 2026 by Josie Ross, of Coastal Broadbeach
2025
Rented
Undisclosed
Leased on 05 Jun 2025 by Coastal Broadbeach
2023
Rented
Undisclosed
Leased on 18 May 2023 by Coastal Broadbeach

Happy sellers in Mermaid Beach

88%
88% of sellers in Mermaid Beach reported that their sale price either exceeded or met their price expectations.

Mermaid Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 54 reviews in Mermaid Beach over the last 12 months.

Local market activity for 2 bedroom units in Mermaid Beach

In the last 12 months, 40 two-bedroom units similar to 2/116 Petrel Ave, have been sold.

This represents a 38% increase in two-bedroom units sales when compared to the previous 12 months.

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