FOR SALE
$740,000 - Business Only

Contact Agent For Address
Southport QLD 4215

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Perfect Business Only's in the Heart of Southport and Labrador

These Business Only opportunities, with minimal facilities, present an ideal entry point into the Management Letting Rights (MLR) industry. They offer a turnkey solution with established systems, providing a chance to expand the letting business and increase repair and maintenance revenue. Key features include a robust Body Corporate salary, limited facilities, long-term agreements spanning over 22 years, accommodation modules, and contactable office hours.
- Nett Profit: $113k
- Business Price: $740k @ 6.5x
- Unit Price: Business Only
- Total Price: $740k
- 22 years remaining on Accommodation module
For more information, please contact Paul Mueller at Ras360 Property Solutions.
** Ras360 Property Solutions – Specialists in Management Rights | Motels | Hotels | Pubs | Parks **

Property Details for Contact Agent For Address, Southport

Building Type
Commercial

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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 225 properties listed for sale, and 140 properties listed for rent in Southport on OnTheHouse. According to CoreLogic's data, 1057 properties were sold in the past 12 months in Southport.

Suburb Insights for Southport 4215

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Paul Mueller
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RAAS Property Group
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Disclaimer
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.