OFF MARKET

1/140 Marine Parade
Southport QLD 4215

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 41m2
Land area: 8m2
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Property Details for 1/140 Marine Pde, Southport

1/140 Marine Pde, Southport is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 8m2 and floor size of 41m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
1998
Floor Size
41m2
Land Size
8m2
Local Government
Gold Coast City
Lot/Plan
1/SP103552

Last Listing description (June 2023)

Situated opposite the Broadwater Parklands right in the heart of Southport is this lovely ground floor 1 bedroom unit.

Small complex of only 27 units, the building is extremely well looked after and is ideal for the astute investor or owner occupier.

Set and forget this little gem as it will always be easily rented in this position close to schools, transport, Griffith University , Gold Coast Hospital and the G Link. It is positioned right in the heart of Southport's CBD and is opposite the kilometres of walking and cycling tracks as well as the water playground of the Southport Spit

Features include:
- Ground floor apartment
- 1 bedroom
- 1 ensuited bathroom
- Air conditioned
- 1 security carspace
- Views of the Broadwater

The complex has an inground pool, on-site manager, and great security with underground secure carparking ( I space on title).

The building is pet friendly ( subject to BC approval)

Currently returns $375pw with the market rent of $450 expected upon the expiry of the lease. Body corporate is only $70pw approx. and the complex has a very healthy sinking fund.

This is a perfect opportunity to secure a great unit in the heart of Southport. Contact Alex on 0411 510 099 today!

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Property History for 1/140 Marine Pde, Southport, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$329,000
06 Feb 2023
Listed for Rent
$330/w
07 Dec 2016
  • 06 Feb 2023
    Sold for $329,000
  • 09 Jan 2023
    Listed for Sale Offers over $319,000
  • 03 Dec 2016
    Listed for Rent - Price not available
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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 19,538 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 257 properties listed for sale, and 135 properties listed for rent in Southport on OnTheHouse. According to CoreLogic's data, 1002 properties were sold in the past 12 months in Southport.

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