FOR SALE
Offers Over $710,000

21 Power Road
Southside QLD 4570

Bedrooms: 7
Bathrooms: 3
Car spaces: 4
Land area: 2000m2
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Solid Investment! Solid Income!

How often does a dwelling with an income, in the core of Southside, come onto the market? This property is a great addition to any savvy investor's portfolio with the potential for renovation to further your rental yield.
Currently tenanted with a collective rental return of $750 per week, with immediate potential for an increase and further growth with some renovations, the opportunities are endless. Please be advised that unit 2 will have a rent increase to $370 taking effect on 15/09/2024 that will increase the total yield to $870.
This exceptional offering consists of 3 seperate accomodatIons, 2 x 2 bedrooms and 1 x 3 bedroom.
Set on a substantial allotment of approx 2,000 square metres and being within a two minute drive to the local shopping precinct, doctors surgery, cafes and amenities this conveniently located property ticks a lot of boxes.
Accomodation 1:
- Upstairs unit
- 2 bedrooms with built in wardrobes
- Modern kitchen
- Open plan living areas
- Bathroom
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Property Details for 21 Power Rd, Southside

21 Power Rd, Southside is a 7 bedroom, 3 bathroom Other with 4 parking spaces. The property has a land size of 2000m2. The place is currently for sale with CENTURY 21 Platinum Agents.

Building Type
Other
Land Size
2000m2

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About Southside 4570

The size of Southside is approximately 18.6 square kilometres. It has 27 parks covering nearly 3.5% of total area. The population of Southside in 2011 was 5,509 people. By 2016 the population was 5,718 showing a population growth of 3.8% in the area during that time. The predominant age group in Southside is 10-19 years. Households in Southside are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Southside work in a trades occupation. In 2011, 67.8% of the homes in Southside were owner-occupied compared with 65% in 2016.

Southside has 3,652 properties. Over the last 5 years, Houses in Southside have seen a 86.02% increase in median value, while Units have seen a 24.63% increase. As at 31 August 2024:

  • The median value for Houses in Southside is $646,119 while the median value for Units is $349,136.
  • Houses have a median rent of $540 while Units have a median rent of $330.
There are currently 82 properties listed for sale, and 8 properties listed for rent in Southside on OnTheHouse. According to CoreLogic's data, 322 properties were sold in the past 12 months in Southside.

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Billy & Gem
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