76 Petrel Avenue

For those looking to capitalise on the location immediately, DA and BA approvals have already been secured for two architecturally designed three-level luxury residences. Complete with private lifts, plunge pools, expansive living zones and premium master retreats, the approved design provides a clear pathway to delivering a high-end product in one of the Gold Coast's most sought-after beachside suburbs. Positioned just moments from the sand in one of Mermaid Beach's most tightly held pockets, 76 Petrel Avenue presents a rare opportunity to secure a premium corner allotment with immediate liveability, future flexibility and approvals already in place. Set on a north-east facing 405m² corner allotment with dual street frontage, including an impressive 28 metres along Surf Street and over 8 metres along Petrel Avenue, this rare holding offers exceptional street presence, design flexibility and the advantage of a prominent corner position, a combination becoming increasingly difficult to secure in Mermaid Beach. The existing residence has been updated and offers comfortable living today, allowing purchasers to move in, lease out, holiday let or landbank while considering future plans. Corner blocks in this pocket are few and far between. Opportunities that combine dual street frontage, approved plans, development potential and holding income are even rarer. Enjoy a morning walk to the beach, coffee in Nobby Beach and the convenience of having some of the Gold Coast's best dining, lifestyle and entertainment destinations just moments from your door. Whether your vision is to build, invest, landbank or simply secure a blue-chip slice of Mermaid Beach, this is an opportunity that offers options today and value well into the future. Features at a Glance • 405m² north-east facing corner allotment • Rare dual street frontage to Petrel Avenue and Surf Street • Updated residence with immediate liveability • Move in, lease out, holiday let or landbank • Medium Density zoning • DA and BA approvals already secured • Approved plans for two luxury three-level residences • Private lifts and plunge pools included in approved design • Moments from the beach and Nobby Beach precinct • Exceptional development, investment or landbank opportunity Make No Mistake, This Property Will Be Sold Approved corner sites in Mermaid Beach are becoming increasingly scarce. With the hard work already done, the flexibility to generate income immediately and the beach at the end of the street, this is the type of opportunity buyers wait years for. Don't be the one looking back after auction day wishing you had acted. AUCTION 11AM 24TH OF JUNE 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. Disclaimer This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes