12/114-116 Marine ParadeSouthport QLD 4215
Property Details for 12/114-116 Marine Pde, Southport
12/114-116 Marine Pde, Southport is a 2 bedroom, 2 bathroom Unit and was built in 1983. The property has a land size of 122m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Southport in the last 12 months.
Last Listing description (July 2024)
Ideally situated opposite the stunning Broadwater Parklands, this two-bedroom, two-bathroom unit in Palmerston Tower is a rare find. With only 49 apartments and two street access, it offers a fantastic investment opportunity, a delightful holiday retreat, or a low-maintenance home.
The kitchen serves as the centrepiece of the open plan living and dining area, seamlessly connecting to an east-facing balcony. From here, you can admire the lush views that extend to the water, or take advantage of the onsite resort amenities, such as a heated swimming pool, spa, half tennis court/basketball court, and BBQ area. Both bedrooms are generously sized, featuring a master bed with ensuite dual built-in robes and a balcony.
Features include:
- Conveniently accessible from Marine Parade and Norman Street
- Excellent investment or renovation/flip opportunity
- 4th floor apartment in Palmerston Tower
- Each floor features three apartments, with on-site management and secure entry
- East-facing balcony offers stunning views of Broadwater parklands
- Spacious open plan kitchen, living, and dining area
- Master bedroom with ensuite, dual built-in robes, and balcony
- Second bedroom with built-in robe, serviced by a second bathroom
- Ideal elevation to capture breezes and panoramic views
- On-site amenities include a heated swimming pool, spa, half tennis court/basketball court, and BBQ area
- Short walking distance to protected swimming zones, Southport CBD, Aquatic Centre, Australia Fair, and Light Rail
- Secure parking available for one car
The location boasts an array of fantastic recreational attractions right at your fingertips. From the Gold Coast Aquatic Centre to Broadwater Parklands and extensive walking and cycling paths spanning 16 km, it's a paradise of leisure. Conveniently situated within a short stroll to local buses and the Light Rail, the Australia Fair Shopping Centre and Southport's dining precinct are a mere 500m away. Whether you seek a cozy and low-maintenance home or a lucrative investment opportunity with remarkable rental returns and vacation rental potential, this property might be your perfect match.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these as representations of fact but must instead satisfy themselves by inspection or otherwise.
Property History for 12/114-116 Marine Pde, Southport, QLD 4215
- 14 Nov 2023Sold for $585,000
- 24 Oct 2023Listed for Sale Under Contract
- 12 Aug 2005Sold for $275,000
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0About 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 19,728 properties. Over the last 5 years, Houses in Southport have seen a 70.87% increase in median value, while Units have seen a 90.24% increase. As at 31 July 2024:
- The median value for Houses in Southport is $1,019,410 while the median value for Units is $678,453.
- Houses have a median rent of $750 while Units have a median rent of $630.
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