72 Petrel Avenue

Mermaid Beach QLD 4218

1215 m²

House

Currently for sale - view listing

Overview

LANDMARK 1,215M² MERMAID BEACH HOLDING - BUILD, DEVELOP OR LANDBANK

Opportunities to secure land of this scale in Mermaid Beach are exceptionally rare. Opportunities to secure it moments from the beach, across three adjoining allotments with a prominent corner position and dual street frontage, are rarer still. Welcome to 72-76 Petrel Avenue, Mermaid Beach - an extraordinary 1,215m² landholding comprising three adjoining 405m² allotments across four individual titles, presenting a once-in-a-lifetime opportunity to create something truly special in one of the Gold Coast's most tightly held beachside suburbs. Whether your vision is to build an exceptional family residence on a scale rarely possible this close to the coastline, explore the site's development potential or secure a blue-chip landholding for generations to come, this is a property where the opportunity is as impressive as the location. Occupying the prominent corner of Petrel Avenue and Surf Street, the combined holding provides approximately 39m of frontage to Petrel Avenue and 28.1m along Surf Street, creating outstanding street presence and a highly desirable dual-frontage position. For those dreaming of creating the ultimate Mermaid Beach residence, the sheer scale of the holding opens the door to an entirely different level of coastal living. Rather than compromising on space to live close to the beach, 1,215m² provides the freedom to think bigger and create a home designed around your lifestyle. Morning walks along the coastline, coffee and dining at nearby Nobby Beach, afternoons by the pool and evenings entertaining at home could all form part of everyday life in this exceptional location. For developers, investors and land bankers, the scale and position of the combined holding presents an equally compelling proposition. Positioned within the Medium Density Residential Zone with an RD5 residential density designation, the property offers significant future potential (STCA), enhanced by its corner position, four individual titles and extensive dual street frontage. Existing residential improvements span all three properties, providing additional flexibility while future plans for the combined site are considered. There is something increasingly difficult to replace in Mermaid Beach - land. The ability to acquire 1,215m² in one of the Gold Coast's most coveted beachside suburbs represents not only an opportunity for today, but a blue-chip landholding for the future. Assembling a site of this scale across multiple titles in an established suburb such as Mermaid Beach can take years, if the opportunity presents itself at all. Here, four individual titles across three adjoining properties have already been brought together for sale, providing the rare ability to secure the entire holding in one transaction. Mermaid Beach has long been regarded as one of the Gold Coast's most desirable coastal addresses, combining pristine beaches and tightly held residential streets with immediate access to some of the city's best lifestyle destinations. From Petrel Avenue, the sand is only moments away, while the cafés, restaurants and relaxed atmosphere of Nobby Beach are within easy reach. Broadbeach, Pacific Fair Shopping Centre, The Star Gold Coast and the Gold Coast Convention and Exhibition Centre are all nearby, placing shopping, dining, entertainment and major amenities within convenient reach. Features at a Glance • Landmark 1,215m² Mermaid Beach landholding • Four individual titles • Three adjoining 405m² allotments - 72, 74 and 76 Petrel Avenue • Prominent corner position at Petrel Avenue and Surf Street • Approximately 39m combined frontage to Petrel Avenue • Approximately 28.1m frontage to Surf Street • Opportunity to create an exceptional private coastal residence • Medium Density Residential zoning • RD5 residential density • Significant future redevelopment potential (STCA) • Existing residential improvements across all three properties • 72 Petrel Avenue - two residences | combined 5 bed | 2 bath | 1 car • 74 Petrel Avenue - two residences | combined 6 bed | 4 bath | 4 car • 76 Petrel Avenue - one residence | 3 bed | 1 bath | 1 car • Exceptional blue-chip investment and landbank opportunity • Moments from Mermaid Beach and the Nobby Beach precinct • Easy access to Broadbeach, Pacific Fair, The Star Gold Coast and surrounding lifestyle destinations Build your dream home. Explore the development opportunity. Secure a blue-chip investment. Landbank for the future. Whatever the vision, opportunities to acquire 1,215m² across three adjoining Mermaid Beach allotments and four individual titles are extraordinarily difficult to find. This is more than the opportunity to purchase three properties. It is the opportunity to secure a significant piece of Mermaid Beach, with the scale, position and flexibility to shape its next chapter. Auction Information - In-Rooms Auction - Wednesday, 14 October 2026 11am - 16 Queensland Avenue, Broadbeach 30-60 Days settlement, buyers choice 5-10% Deposit, buyers choice 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. 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.