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7/108 Petrel Ave

Mermaid Beach QLD 4218

2
1
1
127 m²
Unit
Currently for sale - view listing

Overview

First Time to Market in 26 Years

For the first time in twenty six years, 7/108-112 Petrel Avenue is being offered to the market, a rare chance to secure a foothold in one of the Gold Coast's most tightly held and consistently sought after beachside suburbs. Positioned just two streets from the sand, this partially updated two bedroom residence offers a lifestyle that few addresses on the coast can genuinely deliver, where the rhythm of beach mornings, café culture, and relaxed coastal evenings all sit within easy walking distance. Spanning 127m2, the home features two separate balconies, giving residents the flexibility to enjoy sea breezes and outdoor living from more than one aspect of the property, a detail that adds real everyday value in a unit of this size. With one bathroom and secure single car accommodation, the floor plan has been designed to suit a broad range of buyers without compromising on comfort or practicality. Mermaid Beach continues to be one of the standout performers on the southern Gold Coast, drawing owner occupiers and investors alike thanks to its unmatched walkability to the beach, its thriving dining and café scene, and its long term reputation as a blue chip coastal pocket. Whether you are a downsizer looking for low maintenance coastal living, a couple wanting to embrace the beachside lifestyle, or an investor seeking a smart addition to a tightly held rental market, this property offers genuine flexibility across all buyer profiles. Opportunities of this nature, long held investments returning to the market after decades in the same hands, are becoming increasingly rare in Mermaid Beach. This is a genuine chance to secure a foothold in a suburb that continues to grow in both lifestyle appeal and long term value. Key restaurants, bars and cafés: Moustache Wine Bar & Restaurant Lars Bar & Grill Norte & Sueno Rooftop BSKT Café Holiday Café MexiCali Bar Y Taqueria Gemellini Key facts: Year built: 1983 Units in the building: 12 Unit internal size: 127m2 Disclaimer: We have, in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate; however, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. *Denotes approximate measurements. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
127 m² floor area
Unit

Property history for 7/108 Petrel Ave

2018
Rented
Undisclosed
Leased on 07 Feb 2018 by Ray White Mermaid Waters

Happy sellers in Mermaid Beach

91%
91% 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 60 reviews in Mermaid Beach over the last 12 months.

Local market activity for 2 bedroom units in Mermaid Beach

In the last 12 months, 43 two-bedroom units similar to 7/108 Petrel Ave, have been sold.

This represents a 30% increase in two-bedroom units sales when compared to the previous 12 months.

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