FOR SALE
Offers Over $899,000

516/1 Como Crescent
Southport QLD 4215

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Incredible Investment Opportunity In Prime Location!

Featuring a unique two level dual key layout with the ability to rent out each floor separately, the returns on offer are exceptional! Currently achieving $1,040 per week with the opportunity to increase further, this would make for the perfect addition to your investment portfolio. With just a single body corporate of just $131 per week*, this allows you to maximise the yield on this low maintenance property. Options are plentiful down the track with the option to lock off one side of the property to use yourself whilst still obtaining a return from the other, or utilise the on-site managements short term letting pool to obtain impressive returns.
Downstairs, there is a fully self contained apartment with an open plan living area along with its own kitchen and separate laundry. Upstairs is a larger one bedroom with a full kitchen and laundry, along with a full length balcony and bedroom with built in robe. The apartment is neat, tidy and well looked after by the current long term tenants.
- 516A Rental return: $540 per week until 28.4.25
- 516B Rental return: $500 per week until 12.2.25
- Body corporate: $131 per week (approx.)
- Water rates: $316.79 (approx.) from 27.2.24 to 16.5.24
- Council rates: $1,207.23 (approx.) from 1.1.24 to 30.6.24
'Brighton on Broadwater Shores' is a private and secure building comprising predominantly of owner/occupiers. Featuring extensive resort style facilities including indoor and outdoor pools, fully equipped gym, billiards room, library and much more! It is located right next door to a Woolworths shopping centre, light rail station and a number of specialty services including a medical centre, dental practice and a range of cafes and restaurants.
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.

Property Details for 516/1 Como Cres, Southport

516/1 Como Cres, Southport is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for sale with COASTAL °.

Building Type
Apartment

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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 19,728 properties. Over the last 5 years, Houses in Southport have seen a 70.87% increase in median value, while Units have seen a 90.24% increase. As at 31 July 2024:

  • The median value for Houses in Southport is $1,019,410 while the median value for Units is $678,453.
  • Houses have a median rent of $750 while Units have a median rent of $630.
There are currently 245 properties listed for sale, and 139 properties listed for rent in Southport on OnTheHouse. According to CoreLogic's data, 1059 properties were sold in the past 12 months in Southport.

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