123 Eugaree StreetSouthport QLD 4215
Property Details for 123 Eugaree St, Southport
123 Eugaree St, Southport is a 4 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Southport in the last 12 months.
Last Listing description (August 2024)
Builders, developers, renovators and money makers, you will need to act fast to secure this unbeatable buying opportunity.
A substantial 50m2+ home currently occupies a 1,012m2 redevelopment site for 27 units (SCA). Alternatively, you have the option to build 6 or potentially more luxury townhouses.
With redevelopment land in this highly sought after pocket becoming literally impossible to aquire, you will need to act fast.
THE CHOICE IS YOURS...
1. BUY & HOLD for maximum returns
2. BUY, BUILD & SELL for maximum profit
3. BUY, BUILD & RETAIN for maximum income and depreciation
You may also wish to purchase a great size family home with granny flat plus huge separate studio that has enormous scope to create an immediate value add opportunity. Alternatively, if you do not wish to live in and want to watch your dollars grow, you can rent the property out and generate maximum holding income.
In addition, the residence features swimming pool, huge outdoor terrace, indoor spa, double lock up garage plus additional off street parking for multiple vehicles.
The property is perfectly located within walking distance to the light rail station, bus stop, schools and shops. The Southport CBD, Griffith University Hospital, and the new and exciting Queen Street Village development are all within close proximity.
Disclaimer: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Property History for 123 Eugaree St, Southport, QLD 4215
- 21 Aug 2024Sold for $1,950,000
- 22 May 2024Listed for Sale Not Disclosed
- 12 Apr 1999Sold for $236,000
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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 19,536 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.
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