FOR SALE
Auction

258-260 Nerang Street
Southport QLD 4215

Bedrooms: 6
Bathrooms: 2
Car spaces: 4
Land area: 4044m2
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Auction Time
Wed 23 Oct 11:00 am
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No upcoming inspections scheduled.
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4044sqm on 2 Titles - Development Potential 16 Townhomes - Deceased Estate - Instructed to Sell !

Instructions are for these properties to be sold as one parcel, as is - where is, and to be be sold at auction (unless sold prior to a cash unconditional buyer).
These properties have been held by the family for over 65 years, and have never been on the market before.
What an awesome opportunity to make this your next project ... Renovate / Detonate / Develop / Land Bank !
Set in an elevated position, in a very convenient location, this prime parcel of land totals approximately 4044sqm - just under one acre of land.
The two lots are made up of 1,348sqm and 2,692sqm and is zoned medium density residential. Contained on the land are various structures such as 2 houses, large and small sheds, open carports and lean-tos. It is fenced and backs onto council parkland reserve.
Walking distance to Light Rail (connects to heavy rail), Ashmore City, Aquinas College, Southport Primary School and located close to hospitals, university, TAFE, Broadwater, Southport CBD, Australia Fair, China Town, Ferry Road Markets, Queen Street Village makes this a popular choice for home owners and investors alike. It is also just approximately a 3 minute drive to Smith Street Motorway, and 10 minutes to Main Beach.
To be auctioned in rooms at 16 Queensland Avenue, Broadbeach on 23 October, 2024 at 11am (unless sold prior).
Call Julie Reid on 0438020032 to explore this exceptional opportunity to purchase on auction day, or prior!
NOTE:
All numbers, distances and measurements are approximate. Location photos included.
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Property Details for 258-260 Nerang St, Southport

258-260 Nerang St, Southport is a 6 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 4044m2. The place is currently for sale with COASTAL °.

Building Type
House
Land Size
4044m2

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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 19,717 properties. Over the last 5 years, Houses in Southport have seen a 74.53% increase in median value, while Units have seen a 94.86% increase. As at 30 September 2024:

  • The median value for Houses in Southport is $1,063,552 while the median value for Units is $709,480.
  • Houses have a median rent of $730 while Units have a median rent of $650.
There are currently 226 properties listed for sale, and 140 properties listed for rent in Southport on OnTheHouse. According to CoreLogic's data, 1055 properties were sold in the past 12 months in Southport.

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Julie Reid
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COASTAL °
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