SOLD
RECENT ADVICE
Sold on 22 May 2024 for $2,400,000

1 Price Street
Southport QLD 4215

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 640m2
Land area: 1265m2
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Property Details for 1 Price St, Southport

Building Type
Commercial
Floor Size
640m2
Land Size
1265m2
Local Government
Gold Coast City
Lot/Plan
2/RP130051

Last Listing description (May 2024)

Jackson Rameau and Josh Cameron from RWC Gold Coast are pleased to present 1 Price Street, Southport QLD. Spanning across a generous 1,265m2* of prime industrial land, this 640m2 freestanding building provides purchasers with endless possibilities to either invest, redevelop or occupy in the near future!

KEY FEATURES INCLUDE:
• 1,265m2* of land area

• 640m2* of total building area
• Net Income: $103,999.96* p.a + GST + Outgoings
• Short-to-medium term tenancy allowing future flexibility for purchasers
• 2 x full-height warehouses with dual access points
• 1 x reception/office shopfront
• Significant hardstand area granting huge redevelopment upside
• Potential to subdivide into two separate tenancies (STCA^)
• Newly installed roof and insulation
• Fully fenced, secure site
• Zoned low-impact industry
• Inviting all cash offers!
• Our owners are absolutely committed to selling!
• Do not miss this opportunity, it will be sold!

Offered for sale via Public Auction to be held at 11am Wednesday 22 May 2024 at the Gold Coast Turf Club, Racecourse Drive, Bundall QLD.

For more information or to arrange a private inspection, please contact the exclusive marketing agents Jackson Rameau on 0438 451 112.

Disclaimer:
The website may have filtered the property into a price bracket for website functionality purposes. Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility. *Approximately

Property History for 1 Price St, Southport, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$2,400,000
22 May 2024
  • 22 May 2024
    Sold for $2,400,000
  • 24 Apr 2024
    Listed for Sale SOLD By Jackson Rameau and Josh Cameron
  • 19 Mar 2014
    Transferred for $615,000
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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 19,530 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 248 properties listed for sale, and 134 properties listed for rent in Southport on OnTheHouse. According to CoreLogic's data, 1030 properties were sold in the past 12 months in Southport.

Suburb Insights for Southport 4215

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Contact agent
Jackson Rameau
Show contact details
RWC Gold Coast
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.