47 Rankin ParadeMain Beach QLD 4217
Property Details for 47 Rankin Pde, Main Beach
47 Rankin Pde, Main Beach is a 3 bedroom, 3 bathroom Unit and was built in 1965. The property has a land size of 406m2 and floor size of 195m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (February 2024)
Surrounded by multi million dollar properties is the opportunity you have been waiting for, overlooking the Broadwater and 100m to the revitalized Restaurant, bar and coffee precinct, with one of Australia's best patrolled beaches 3 min walk away you will find 47 Rankin Parade.
Currently set up as 3 units, 3 bed upstairs with mesmerizing views of the Broadwater and 2 one bedroom units downstairs which will provide the new owner with an income stream of $88k approx per annum, while they decide whether to build their dream home, next boutique development, or live upstairs and enjoy the good life off the income from the remaining units.
The more time you spend in Main Beach the more you appreciate how good this suburb is and what it has to offer, which is why it is such a highly regarded and tightly held locale.
405sqm RD4 zoned block of land
Southport yacht club and 130m superyacht berth 100m away
Currently renting as 3 separate units, $88k per annum approx.
Coffee shops, restaurants and bars just around the corner
Take the dog for a walk or go for a swim on the beach everyday
Boat ramp and access to the Seaway is 150m away
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Property History for 47 Rankin Pde, Main Beach, QLD 4217
- 13 Jun 2022Sold for $2,800,000
- 07 May 2022Listed for Sale Offers Over $2.5m
- 13 Oct 2018Listed for Rent $700 / week
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About Main Beach 4217
The size of Main Beach is approximately 3.1 square kilometres. It has 5 parks covering nearly 46.3% of total area. The population of Main Beach in 2011 was 3,495 people. By 2016 the population was 3,864 showing a population growth of 10.6% in the area during that time. The predominant age group in Main Beach is 60-69 years. Households in Main Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Main Beach work in a professional occupation. In 2011, 53.7% of the homes in Main Beach were owner-occupied compared with 55.1% in 2016.
Main Beach has 3,806 properties. Over the last 5 years, Houses in Main Beach have seen a 123.79% increase in median value, while Units have seen a 97.25% increase. As at 31 October 2024:
- The median value for Houses in Main Beach is $3,192,505 while the median value for Units is $1,467,314.
- Houses have a median rent of $950 while Units have a median rent of $850.
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