SOLD
Sold on 21 Jan 2024 for $1,400,000

Ridgeway Avenue
Southport QLD 4215

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 120m2
Land area: 981m2
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Property Details for 1-3 Ridgeway Ave, Southport

1-3 Ridgeway Ave, Southport is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1987. The property has a land size of 981m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Southport in the last 12 months.

Building Type
House
Year Built
1987
Floor Size
120m2
Land Size
981m2
Local Government
Gold Coast City
Lot/Plan
400/RP89977

Last Listing description (October 2024)

Elevate, develop, and safeguard your future with this extraordinary property! Positioned in a coveted location, close to essential amenities and upcoming development zones, this opportunity is truly unparalleled and one not to be missed. If you've been seeking a home that not only allows for enhancement but also promises a secure path to capital growth, your search ends here. Don't miss out on this chance to shape your future in a thriving community!

Positioned on an expansive 981m2 corner allotment and high on the hill, this residence boasts endless potential with massive development upside (STCA). With quality tenants in place, this presents a perfect opportunity for a solid income stream already in place, and endless potential ahead.

Property features at a glance:

? Two lots, corner block with two street access
? Elevated position
? Expansive 981m2 fenced block
? Zoning - Low Density Residential
? Huge development upside (STCA) in this unbeatable location
? Just minutes away from the many amenities of Southport, including Ferry Road Markets, the Broadwater & esteemed local schools, including TSS
? Solid brick residence spans across three levels, with three generously sized bedrooms, timber flooring throughout and updated kitchen

Seize the opportunity to acquire this residence in the heart of Southport. Its prime location, extensive potential, and the continuously increasing demand in the area make it a valuable prospect for individuals with the foresight to unleash its full possibilities. Don't let this opportunity pass you by!

Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

For all of your home loan needs, please contact our friendly broker, Conrad Palmer on 0410 296 050.

Important: Whilst every care is taken in the preparation of the information contained in this marketing, Ray White Coomera will not be held liable for the errors in typing or information. All information is considered correct at the time of printing.

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Property History for 1-3 Ridgeway Ave, Southport, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$1,400,000
21 Jan 2024
Listed for Rent
$895/w
25 Jun 2024
  • 27 May 2024
    Listed for Rent $1,450 / week
  • 21 Jan 2024
    Sold for $1,400,000
  • 08 Nov 2023
    Listed for Sale Contact Agent
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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 19,529 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 243 properties listed for sale, and 117 properties listed for rent in Southport on OnTheHouse. According to CoreLogic's data, 1031 properties were sold in the past 12 months in Southport.

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