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5/80 Petrel Avenue

Mermaid Beach QLD 4218

2
1
1
86 m²
Apartment
Currently for sale - view listing

Overview

Entry-Level Beachside Opportunity

Positioned beachside in the building 'Balloch Lodge', this first-floor two-bedroom apartment presents an opportunity to move in as is or renovate and add value over time. The building comprises just nine units on a double block and has a Palm Springs-inspired exterior update, including white paintwork, an olive tree, cactus and succulents. Inside, both bedrooms feature built-in wardrobes, with the main bedroom enjoying views towards the hinterland and the second bedroom opening directly to a balcony. The living room and both bedrooms have ceiling fans with lights, while NBN is connected to the property. The main balcony is a key feature, benefiting from northern light with a large section fully covered, providing a versatile outdoor space for different uses. A second smaller balcony captures views towards Magic Mountain. The apartment includes a large bathroom with combined laundry facilities and a separate WC. Basement parking is provided via a single lock-up garage space. With the sands of Nobby Beach approximately four minutes away on foot, the property is also within walking distance of the Mermaid Beach South and Nobby Beach tram stops, The Oxley dining precinct and Nobby Beach Surf Club. Property Features: - First-floor position in Balloch Lodge - Two bedrooms with built-in wardrobes - Main bedroom with hinterland views - Two balconies - Large main balcony with northern light and substantial covered area - Second balcony with views towards Magic Mountain - Ceiling fans with lights in living and both bedrooms - Large bathroom with combined laundry - Separate WC - Single lock-up basement garage - NBN connected - Building of 9 units on a double block - Palm Springs-inspired building exterior - Beachside position - Move-in or renovate opportunity Outgoings: - Council Rates: $2,138.49 per 6 months - Water Rates: $78.21 per quarter - Body Corporate: $103 per week Disclaimer: Whilst every effort has been made to ensure the accuracy of the above and attached information, no warranty is given by the agent, agency or vendor as to their accuracy. Interested parties should not rely on this information as representations of fact but must instead satisfy themselves by inspection or otherwise.

Features

2 bedrooms
1 bathroom
1 carspace
86 m² floor area
Apartment

Happy sellers in Mermaid Beach

92%
92% 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 58 reviews in Mermaid Beach over the last 12 months.

Local market activity for 2 bedroom apartments in Mermaid Beach

In the last 12 months, 65 two-bedroom apartments similar to 5/80 Petrel Avenue, have been sold.

This represents a 16% increase in two-bedroom apartments sales when compared to the previous 12 months.

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