8/108-112 Petrel Avenue, Mermaid Beach QLD 4218

Unit:   Bedroom Icon 2 Bathroom Icon1 Car Park Icon 1

Sold for $735,000

Position, Potential, Profit - 2 bedroom Beachside Renovator - Act Fast, Will be Sold!

Offered to the market for the first time in over 25 years, this older style beachside unit is ripe for renovation and located just metres to the surf and sand in the heart of Nobby Beach!

After a quarter century of ownership, it’s now time for our seller to move on, presenting a fortunate new owner the chance to enjoy the position and lifestyle on offer. Act now and be rewarded! All genuine cash offers will be considered prior to Auction!

Bring this beauty back to life! Situated on the northern end of ‘Milford Haven’, a boutique block of only 12, this well looked after light and bright first floor 2 bedroom beach pad presents the savvy buyer with the exciting opportunity to renovate and further capitalise on its unbeatable beachside location!

It’s no secret that Nobby’s is hot and in high demand! Act quickly and you too can start living the enviable lifestyle Nobby Beach has to offer. This highly prized location is continually evolving, renowned for its relaxed coastal lifestyle and ever growing and changing mix of trendy cafes, bars and restaurants.

Enjoy daily strolls along the picturesque beaches, catch up with friends over a cool drink and meal at one of the many stylish bars and restaurants at your fingertips.

Features Include:
– 2 bedroom, 1 bathroom first floor apartment
– Large balcony with Sunny Easterly aspect off living and 2nd balcony off main bedroom
– Single secure car space in basement
– Add your personal touches to add value
– Boutique block of only 12 units on 1,214m2 land area
– Close to your choice of quality restaurants, cafes and bars of Nobby Beach
– Easy walk to the patrolled beach
– Will be sold!

– Body corporate: $97 per week (approx.)
– Council rates: $2,250 (Approx.)
– Water rates: $1,400 (Approx.)
– Rental income: Currently rented at $440 per week until 07/08/2023

Auction to be held Saturday 15th July, 10am at Mermaid Beach Bowls Club
Auction Terms: $30,000 Deposit, 30-70 Day Settlement (buyers choice)

Take advantage of this opportunity today! An inspection of this property is a must to truly appreciate the opportunity on offer, but be quick as properties of this calibre rarely last!

Contact Luke Henderson or Matt Maguire for further information or to arrange your inspection!

Due to State Government Legislative requirements, to bid at auction photographic ID is required for registration. The deposit is due to be paid immediately after the fall of the hammer on auction day unless other prior arrangements have been made.

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 only.

Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.

Property ID: 1283370

Contact Agents
Luke Henderson
Luke Henderson

Director, Auctioneer & Senior Sales Representative

Office: 07 5572 8011
Mobile: 0409 599 507

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Matt Maguire
Matt Maguire

Senior Sales Representative

Office: 07 5572 8011
Mobile: 0437 002 952

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John Henderson Real Estate
2406 Gold Coast Highway, Mermaid Beach QLD 4218 | Phone 07 5572 8011