FOR SALE
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Nerang Street
Southport QLD 4215

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 5073m2
Land area: 5073m2
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Significant Development Opportunity Neighbouring China Town Southport

- Land Area 5073m2*
- Highly Favourable Precinct 1 (Unlimited Height)
- Ideal for Residential / Serviced Apartments & Commercial
- Direct access to Light Rail
- Proposed Development for over 500 units & 900m2 of Commercial
- Corner Position
- Could consider JV situation
This 5073m2* site in the heart of Southport & located in Opposite Chinatown sits within the Southport PDA precinct (1) offering numerous developments scenarios and maximum development potential with unrestricted height and a residential density of 1 bedroom per 9m2* of site area*. The site is located amongst all major infrastructure from light rail to shopping centres and the Broadwater Parklands, the view corridor is outstanding which offers a completed product, 360 degree views of the Gold Coast including Broadwater and Ocean Views.
For further details please contact the exclusive agent Brad Merkur 0414 389 300
*Approx
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Property Details for 61-71 Nerang St, Southport

Building Type
Commercial
Floor Size
5073m2
Land Size
5073m2

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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 19,530 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 247 properties listed for sale, and 134 properties listed for rent in Southport on OnTheHouse. According to CoreLogic's data, 1031 properties were sold in the past 12 months in Southport.

Suburb Insights for Southport 4215

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Brad Merkur
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RWC Gold Coast
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.