5/116 Petrel Avenue, Mermaid Beach, Qld 4218

Offers Over $1,075,000

Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Saturday, June 20, 2026 ( See property details for 5/116 Petrel Avenue, Mermaid Beach, Qld 4218)

Offers Over $1,075,000

Josie Ross Sales Associate - Guy Powell Team
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A beautifully renovated two-bedroom beach apartment in a boutique building, offering modern living just footsteps from Mermaid Beach sands and local amenities.

🏡 Property Highlights

  • Prime beachside location just 200m from Mermaid Beach sands
  • Fully renovated, immaculate condition apartment with modern finishes
  • North-East facing private balcony capturing sea breezes and natural light
  • Boutique building of only 9 apartments on a spacious 809sqm block
  • Generously sized bedrooms with built-in robes and ceiling fans
  • Secure basement parking with storage shed and electric roller door

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area / Balcony
  • Security Screens / Gates
  • Dishwasher
  • Waterfront / Views
  • Home Office / Study
  • Open-Plan Living
  • Garage / Secure Parking
  • External Storage (Shed)

Mermaid Beach is a highly sought-after coastal suburb renowned for its pristine beaches, vibrant cafe culture, and relaxed lifestyle. Key highlights include proximity to patrolled surf beaches, popular dining precincts, parklands, and excellent public transport options. The area offers a perfect blend of laid-back beach living and convenient access to shopping, schools, and sporting facilities, making it ideal for both residents and investors seeking a premium Gold Coast lifestyle.

What is the condition of the apartment and when was it renovated?
The apartment is in immaculate condition and has been fully renovated, featuring modern finishes and contemporary design elements.
What are the key features of the balcony and living spaces?
The North-East facing balcony captures beautiful sea breezes and natural light, seamlessly connected to the open-plan living and dining areas.
Is there secure parking and storage available?
Yes, the property includes an allocated car parking space in a secure basement with an electric roller door, along with a storage shed.
How close is the property to the beach and local amenities?
The property is just a 200-meter flat walk to Mermaid Beach sands, with nearby cafes, restaurants, shops, public transport, and schools all within easy reach.
What are the rental potential and ongoing costs?
The estimated rental income is approximately $1,000 per week. Ongoing costs include council rates of $1,583.63 per half year, water rates of $437.60 per half year, and body corporate fees of $62 per week.
Are there any upcoming or planned developments in the area that could affect the property’s value or lifestyle? Are there any restrictions or easements on the property that could impact future renovations or use? Has the property been inspected for any structural issues or defects, especially related to the renovation work? What are the strata or body corporate rules, and are there any special levies or upcoming maintenance costs? Is the property located in a flood or bushfire-prone zone, and what are the associated risks? Are there any noise or nuisance issues from nearby cafes, bars, or public transport activities? What is the history of the property’s compliance with building codes and regulations? Are there any planned infrastructure projects or changes in the local area that could impact living conditions? Is the property compliant with all current safety standards, including electrical and plumbing systems? Are there any restrictions on pet ownership or other lifestyle considerations for residents?

5/116 Petrel Avenue, Mermaid Beach, Qld 4218 - More Details

Offers Over $1,075,000

Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1

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