FOR SALE
$400,000

Contact Agent For Address
Southport QLD 4215

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Car spaces: 1
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Prime Business Only New 25-Year Agreement

Completed in 2019, this exceptional property comprises 54 units, presenting a lucrative opportunity for management rights. With four units already in the letting pool, This Mid-Rise Complex stands as a nine-floor complex, with each floor hosting six apartments, offering an ideal investment prospect.
Strategically located in a highly sought-after, investor-friendly building, the property boasts a rooftop BBQ lounge area that provides breathtaking Broadwater views, elevating its overall appeal. Notably, the business operates exclusively without designated office hours, ensuring convenience and flexibility for both investors and residents.
The property's secure parking facilities and pet-friendly environment contribute significantly to its attractiveness. The new 25-year agreement, coupled with minimal duties, ensures a stable and low-maintenance investment. Furthermore, the substantial potential for unit sales enhances its overall profitability, making it an enticing opportunity for discerning investors in the management rights market.

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 19,686 properties.

    There are currently 230 properties listed for sale, and 159 properties listed for rent in Southport on OnTheHouse. According to CoreLogic's data, 1051 properties were sold in the past 12 months in Southport.

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    Paul Mueller
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    RAAS Property Group
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