5/38 Petrel Avenue, Mermaid Beach, Qld 4218

Offers Over $749,000

Unit
Type
1
Bedrooms
1
Bathrooms
1
Parkings

Published on Wednesday, July 15, 2026 ( See property details for 5/38 Petrel Avenue, Mermaid Beach, Qld 4218)

Offers Over $749,000

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 fully furnished, ground floor one-bedroom apartment in a boutique complex just steps from Nobbys Beach, offering exceptional lifestyle and investment potential.

🏡 Property Highlights

  • Prime beachside location just 150 metres from Nobbys Beach
  • Fully furnished ground floor apartment with flexible living options
  • Boutique complex of only 36 apartments on a substantial 2,023m² parcel
  • Excellent investment opportunity with current holiday rental success
  • Convenient walkable access to cafes, restaurants, and public transport
  • Resort-style amenities including a swimming pool and landscaped gardens

✨ Key Features

  • Open-Plan Living
  • Balcony
  • Built-in Robes
  • Air Conditioning
  • Ceiling Fans
  • Outdoor Area / Balcony
  • Secure Parking
  • Water tank
  • Fully fenced
  • Waterfront / Views

Nobbys Beach is a highly sought-after coastal suburb renowned for its pristine sands and vibrant lifestyle. Key points include: proximity to patrolled beaches, a lively dining and entertainment precinct, excellent public transport links, strong investment growth, and a relaxed beachside community atmosphere.

Is this apartment suitable for short-term holiday rentals?
Yes, the property is currently operating as a successful holiday rental, making it an excellent option for investors seeking short-term income.
What amenities are available within the complex?
The complex features a resort-style swimming pool, beautifully landscaped gardens, and excellent onsite management.
How close is the property to public transport?
The apartment is just a three-minute walk to the new light rail station, providing easy access to Broadbeach, Surfers Paradise, and Brisbane.
Can I move in immediately after purchase?
Yes, vacant possession is available, allowing you to live in, lease out, or lock up and leave as desired.
What are the ongoing costs associated with the property?
The approximate body corporate fee is $132 per week, with council rates around $1,105.79 per half year and water rates approximately $383.50 per quarter.
Are there any upcoming strata or body corporate fee increases planned? Is the property located within a bushfire or flood-prone zone? Are there any restrictions or easements affecting the property? What are the long-term plans for development in the surrounding area? Are there any ongoing or upcoming construction projects nearby that could impact the property? Has the property been recently renovated or inspected for structural issues? Are there any hidden costs associated with the complex's amenities or maintenance? Is the property compliant with all local council regulations and approvals? Are there any noise or nuisance issues from neighboring properties? What is the history of the property's occupancy and rental performance?

5/38 Petrel Avenue, Mermaid Beach, Qld 4218 - More Details

Offers Over $749,000

Type
Unit
Bedrooms
1
Bathrooms
1
Parkings
1

Inspections times

  • Inspection Fri 17 Jul 12:30 pm

    Friday 17 July
    12:30 pm - 1:00 pm
  • Inspection Sat 18 Jul 10:45 am

    Saturday 18 July
    10:45 am - 11:15 am
Thank you for submitting your reminder request.

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