72-76 Petrel Avenue, Mermaid Beach, Qld 4218

Representing a once-in-a-lifetime opportunity to secure a substantial amalgamated development holding in one of the Gold Coast's most tightly held beachside suburbs, this exceptional offering brings together three adjoining 405m² allotments across four individual titles, creating an impressive 1,215m² corner site.

Occupying the prominent corner of Petrel Avenue and Surf Street, the combined holding provides approximately 39m of frontage to Petrel Avenue and 28.1m along Surf Street, delivering significant street presence and a highly desirable dual-frontage position.

The properties are available for purchase individually, as a combination of two adjoining allotments, or as one complete 1,215m² holding, allowing buyers to secure the landholding that best suits their vision.
The Opportunity
72 Petrel Avenue - 405m² allotment - two residences | combined 5 bed | 2 bath | 1 car
74 Petrel Avenue - 405m² allotment - across two individual titles - two residences | combined 6 bed | 4 bath | 4 car
76 Petrel Avenue - 405m² corner allotment - one residence with DA approval for duplex | 3 bed | 1 bath | 1 car

Opportunities to acquire development sites of this scale in Mermaid Beach are exceptionally scarce. The ability to secure four titles across three adjoining lots in one line, spanning an entire 1,215m² corner holding, represents an opportunity of genuine rarity and one that would be extraordinarily difficult to replicate.

Positioned within the Medium Density Residential Zone, with an RD5 residential density designation, the property presents an outstanding opportunity for developers, investors and land bankers seeking scale, position and long-term potential in the heart of Mermaid Beach.

Existing residential improvements span all three properties, providing flexibility for purchasers while considering the future potential of the combined 1,215m² holding.

Key Property Highlights
• Landmark 1,215m² amalgamated Mermaid Beach landholding
• Four individual titles
• Three adjoining 405m² allotments across 72, 74 and 76 Petrel Avenue
• Prominent corner position at Petrel Avenue and Surf Street
• Approximately 39m combined frontage to Petrel Avenue
• Approximately 28.1m frontage to Surf Street
• Highly desirable dual street frontage
• Medium Density Residential zoning
• RD5 residential density
• Existing residential improvements across the combined holding
• Development Approval already secured over 76 Petrel Avenue for two architecturally designed luxury tri-level duplex residences
• Opportunity to secure four titles in one line
• Significant future redevelopment potential (STCA)
• 72 Petrel Avenue - two residences, combined over one title 5 bed | 2 bath | 1 car
• 74 Petrel Avenue - two residences, combined over two titles 6 bed | 4 bath | 4 car
• 76 Petrel Avenue - one residence, 3 bed | 1 bath | 1 car
• Exceptional opportunity for developers, investors and land bankers
• Moments from Mermaid Beach and the renowned Nobby Beach precinct
• Easy access to Broadbeach and major Gold Coast lifestyle, retail and entertainment destinations
• An Irreplaceable Mermaid Beach Position

Mermaid Beach has long been regarded as one of the Gold Coast's most desirable coastal addresses, renowned for its pristine coastline, tightly held residential streets and immediate access to some of the city's most established lifestyle and commercial precincts.

Positioned only moments from the sand, 72-76 Petrel Avenue places this substantial landholding within an exceptional beachside setting, while remaining within easy reach of Nobby Beach, Broadbeach and the wider Gold Coast.

The property enjoys convenient access to the Nobby Beach dining and café precinct, Pacific Fair Shopping Centre, The Star Gold Coast, Broadbeach's dining and entertainment precinct and the Gold Coast Convention and Exhibition Centre, together with major transport connections and surrounding infrastructure.

Mermaid Beach continues to benefit from significant investment and transformation throughout the surrounding coastal corridor, further strengthening the long-term appeal of substantial landholdings within this tightly held location.

A Once-in-a-Lifetime Development Opportunity

What sets 72-76 Petrel Avenue apart is not simply its size, but the combination of attributes brought together within a single offering. Assembling a site of this scale across multiple titles in an established beachside suburb such as Mermaid Beach can take years - if the opportunity presents itself at all. Here, four individual titles across three adjoining properties have been brought together for sale, offering purchasers the rare ability to secure the entire 1,215m² holding in one transaction.

For developers seeking a landmark Mermaid Beach site, investors looking to secure a significant coastal landholding, or those recognising the long-term value of irreplaceable land in one of the Gold Coast's premier beachside suburbs, 72-76 Petrel Avenue represents an opportunity that may not present itself again.

A comprehensive Property Information Pack is available upon request.

Contact Larissa, Linda & Deanne today to request the Information Pack, arrange an inspection or discuss this exceptional Mermaid Beach opportunity.

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.