SOLD
Sold on 22 Dec 2023 for $500,000

1169/56 Scarborough Street
Southport QLD 4215

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
Land area: 831m2
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Property Details for 1169/56 Scarborough St, Southport

1169/56 Scarborough St, Southport is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 831m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in Southport in the last 12 months.

Building Type
Unit
Year Built
2006
Floor Size
62m2
Land Size
831m2
Local Government
Gold Coast City
Lot/Plan
1169/SP175382

Last Listing description (August 2024)

Embrace the pinnacle of upscale living in the lively Gold Coast CBD.

This elevated abode offers a captivating hinterland panorama, serving not just as a home but as an exceptional investment prospect. Engage in a lavish lifestyle surrounded by superior finishes and an expansive open-plan living and dining area that seamlessly extends to a balcony, presenting a dynamic vista. The unit features one bedroom and a versatile study, a top-tier kitchen with a stone benchtop and stainless steel appliances, including a dishwasher and microwave. Combat the summer heat with the comforting touch of ducted air-conditioning throughout.

Nestled in the heart of Southport CBD, this remarkable single bedroom with a study apartment is in close proximity to Broadwater Parkland and the golden sands of Surfers Paradise. A straightforward 20-minute tram ride takes you to the excitement of Star Casino in Broadbeach. With Chinatown and Australia Fair shopping mall at your doorstep, convenience converges with luxury.

The building complex redefines extravagance with three swimming pools, including an all-weather indoor pool, spa, sauna, gym, function room, and a BBQ area for residents' enjoyment. Ground-floor caf?s and restaurants offer a diverse culinary experience. The modern tram, just steps away, effortlessly connects you to the Airport, University Hospital, Griffith University, Surfers Paradise, and the expansive Pacific Fair Shopping Centre.

Security is paramount, with one secure basement car parking space and 24/7 camera surveillance by the vigilant body corporate, ensuring peace of mind in all common areas, lifts, floors, and parking spaces.

Key Features:
Floor-to-ceiling glass windows and spacious balconies for breathtaking hinterland views.
One generous bedroom plus a study area.
Open kitchen area with a stone bench, gas cooking, stainless steel appliances, and ample storage.
Open-plan living with ducted air conditioning for year-round comfort.
Enjoy resort-like amenities including three swimming pools, a year-round indoor pool, spa, sauna, gym, media room, and BBQ area.

Pet-friendly (subject to body corporate approval).
Private and secure basement parking
Audio intercom system for added security.
Convenient access to the light rail tram, making travel around the area a breeze.
Close to major shopping centres, cafes, restaurants, and public transportation.
This unit currently generates a weekly rent range between $550 to $600 with its Body Corporate weekly Levy at approximately $75.00 and $1,850 per annum for Council rates, and $1,200 per annum for Water rates.

Seize the opportunity to make this refined residence your own Inquire now!

Property History for 1169/56 Scarborough St, Southport, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$500,000
22 Dec 2023
Listed for Rent
$550/w
05 Dec 2023
  • 22 Dec 2023
    Sold for $500,000
  • 09 Dec 2023
    Listed for Sale Not Disclosed
  • 15 May 2023
    Listed for Rent $550 / week
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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 242 properties listed for sale, and 117 properties listed for rent in Southport on OnTheHouse. According to CoreLogic's data, 1027 properties were sold in the past 12 months in Southport.

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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.