76 Petrel Ave, Mermaid Beach QLD 4218

For those looking to unlock the site's full potential, Development Approval has already been secured for two architecturally designed tri-level luxury duplex residences. Complete with private lifts, plunge pools, expansive open-plan living and premium master retreats, the approved plans provide a clear vision and streamlined pathway to creating an exceptional beachside development in one of the Gold Coast's most sought-after 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 future flexibility and valuable 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 exceptional holding offers outstanding street presence, design flexibility and the advantage of a prominent corner position, a combination that is becoming increasingly difficult to secure in Mermaid Beach. With Development Approval and architectural drawings already completed for two luxury tri-level duplex residences, purchasers can move forward with confidence, saving valuable time and avoiding the lengthy planning process. Corner sites in this tightly held pocket are few and far between. Opportunities that combine dual street frontage, approved plans and exceptional development potential are even rarer. Enjoy a morning walk to the beach, coffee in nearby Nobby Beach and the convenience of having some of the Gold Coast's finest dining, shopping and lifestyle destinations just moments from your doorstep. Whether you're looking to build immediately or secure a premium landholding with significant future potential, this is a rare opportunity to capitalise on an approved vision in one of Mermaid Beach's most prestigious coastal locations. 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 approvals already secured • Private lifts and plunge pools included in 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 wishing you had acted. 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.