115 Petrel Avenue, Mermaid Beach, QLD, 4218, Australia

Resting just 250m from the incredible natural beauty of Mermaid Beach, this unique property presents an extraordinary opportunity for multiple income streams or re-development. Offering three separate apartments on one title, complete with a saltwater pool, it's just a scenic stroll to Nobbys celebrated dining and shopping precinct.

- Live the ultimate coastal dream just metres to the beach for sun and surf
- Enjoy the buzzing food scenes of Nobbys, Broadbeach or Burleigh
- Prime for investors or developers; three separately metred units on one title
- Ground floor unit features a glass-wrapped living area overlooking the pool
- Large master bedroom with ensuite plus a study and multipurpose room
- Upstairs front-facing unit features multiple balconies, generous bedroom
- Upstairs rear-facing unit boasts light-filled living area with high ceilings
- Separate entrances to each unit, split-system air-cons, NBN
- Superb potential for investors to own and rent or completely re-develop
- Minutes to Pac Fair, Miami Marketta or Pizzey Park, stroll to the beach
- Council rates: $5,793.86 per annum. Water rates: $3,059.84 per annum
- Rental Appraisal Unit 1 $800-$850, Unit 2 $500, Unit 3 $450