FOR SALE
Auction

111 & 113 Minnie Street
Southport QLD 4215

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Land area: 1497m2
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Auction Time
Mon 27 Jan 10:00 am
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Premium Development Opportunity - 1497m2 Medium Density Site

Start the new year off in style and secure the properties of 111 and 113 Minnie Street, in the heart of Southport. These two lowset residential homes are being marketed together ( in one line ) with both owners sharing equal motivation to sell on or before the advertised auction on the 27th of January. Don't miss this one !!
Both properties are being sold as one auctioned asset, meaning a purchaser cannot buy one without securing the other.
Step into your new development, or landbank for the future. Both properties present with structural soundness & have fixed tenants in place.
111 Minnie Street is a 748m2 title - existing is a 3 bedroom & 1 bathroom home. A fully certified formal development approval exists to build 5 x 4 bedroom townhouses, with a separate office room in each townhouse. See concept designs within the reel.
Council have embraced this proposed development, with full design credit going to the reputable architect. This approval confidently meets town planning guidelines. The property is currently rented on fixed tenancy arrangement at $695 per week until 7/03/2025.
113 Minnie Street is a 749m2 title - existing 3 bedroom, 1 office space & 1 bathroom home. With the DA approval in place next door, one would suggest that a similar townhouse development could be mirrored with this existing title at 113 Minnie Street, IF the purchaser wishes to keep both titles separate. This property is currently rented to a long standing tenant and is self managed by the seller.
Campaign Of Sale (Fast Facts )
- A rare opportunity presents to buy two freestanding homes, side by side occupying a 1497m2 parcel
- This development opportunities exists subject to meeting GCCC building approval guidelines
- Attention astute investors and developers ( RD5 medium density zoning - existing 23 metre height limit )
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Property Details for 111 & 113 Minnie St, Southport

111 & 113 Minnie St, Southport is a 6 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1497m2. The place is currently for sale with Ray White Surfers Benowa.

Building Type
House
Land Size
1497m2

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About Southport 4215

The size of Southport is approximately 14.6 square kilometres. It has 37 parks covering nearly 18.2% of total area. The population of Southport in 2011 was 28,314 people. By 2016 the population was 31,879 showing a population growth of 12.6% in the area during that time. The predominant age group in Southport is 20-29 years. Households in Southport are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Southport work in a professional occupation. In 2011, 41.2% of the homes in Southport were owner-occupied compared with 37.9% in 2016.

Southport has 19,707 properties. Over the last 5 years, Houses in Southport have seen a 67.64% increase in median value, while Units have seen a 97.51% increase. As at 30 November 2024:

  • The median value for Houses in Southport is $1,058,255 while the median value for Units is $719,406.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 226 properties listed for sale, and 134 properties listed for rent in Southport on OnTheHouse. According to CoreLogic's data, 1061 properties were sold in the past 12 months in Southport.

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Nicholas Di Genua
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Tim Grevell
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Ray White Surfers Benowa
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