FOR SALE
Auction

135 Falconer Street
Southport QLD 4215

Bedrooms: 15
Bathrooms: 12
Car spaces: 7
Land area: 1151m2
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Auction Time
Thu 5 Dec 11:00 am
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An Entire Block Of Four Townhouses On Separate Titles Over 1,151m2 - Must Be Sold On Or Before Auction Day!

Situated in a highly sought after pocket of Southport is this block of four townhouses on a massive 1,151m2 allotment. This is an extremely rare opportunity to purchase four separately titled properties with a strong rental return offering a great investment opportunity.
Boasting 3 x 4 bedroom and 1 x 3 bedroom townhouses all with open plan living and dining areas which adjoin a large kitchen which all open out to a secure courtyard. All bedrooms are upstairs with ensuites and additional bathrooms with a separate laundry. All townhouses have their own carports which have the opportunity to turn into fully enclosed garages. This block is fully leased for immediate returns plus the confidence of remaining a strong investment with vacancy rates at 0.7% throughout Southport.
All this, only moments to The Southport School, St Hildas, multiple shopping centres including Ferry Road Markets, Queen Street Village, Via Roma and Southport Park, the dining and entertaining precincts of Southport, Isle of Capri and Sorrento plus a short drive to the Gold Coast's most famous beaches. Inspect this property today, as it certainly will not last long!
Current Leases & Outgoings:
Unit 1 - $620/week till 06/07/2025 - ($32,240/year)
Current Rental Appraisal - $780-$830
Council Rates - $2,544.25pa
Water Rates - $1,373.60pa
Unit 2 - $640/week till 03/07/2025 - ($33,280/year)
Current Rental Appraisal - $780-$830
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Property Details for 135 Falconer St, Southport

135 Falconer St, Southport is a 15 bedroom, 12 bathroom BlockOfUnits with 7 parking spaces. The property has a land size of 1151m2. The place is currently for sale with Ray White - Prestige Gold Coast.

Building Type
BlockOfUnits
Land Size
1151m2

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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 19,534 properties. Over the last 5 years, Houses in Southport have seen a 71.54% increase in median value, while Units have seen a 97.15% increase. As at 31 October 2024:

  • The median value for Houses in Southport is $1,056,663 while the median value for Units is $718,523.
  • Houses have a median rent of $745 while Units have a median rent of $650.
There are currently 255 properties listed for sale, and 129 properties listed for rent in Southport on OnTheHouse. According to CoreLogic's data, 1020 properties were sold in the past 12 months in Southport.

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Jackson Paradise
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Tyler Wright
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Ray White - Prestige Gold Coast
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