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Sold on 13 Nov 2024 - Price Unavailable

1396/56 Scarborough Street
Southport QLD 4215

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 1396/56 Scarborough St, Southport

1396/56 Scarborough St, Southport is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 3 bedroom Apartment sold in Southport in the last 12 months.

Building Type
Apartment
Local Government
Gold Coast City
Lot/Plan
1396/SP175382

Last Listing description (November 2024)

Experience the luxury of high-rise living in this spacious 3-bedroom apartment on the top floor (level 39) in Tower 1 of Southport Central. Offering breathtaking eastern views over the picturesque Broadwater and the Pacific Ocean, the apartment with a layout designed for easy living, lucrative rental returns and long-term value. Make no mistake, this apartment must be sold at auction or prior.

This residence offers conveniences at your doorstep! You are within minutes to Australia Fair shopping centre and dining precincts, the light rail transport, the beach and Griffith University & Hospital.

Seamlessly blending Residential units with Commercial and Retail space, the three towers of Southport Central are a striking tribute to a new direction in the evolution of one of the Gold Coast's most established central precincts.

The Southport Central high-rise towers are a major development that is leading the reinvention of Southport. Between the natural confines of the Broadwater and mountainous hinterland, Southport Central Towers express the Gold Coast's dynamic global identity through timeless design.

Main Features
- 3 Bedrooms, 2 Bathrooms (one is an Ensuite) + powder room
- 2 side by side secure car parks
- Open Plan design with panoramic ocean views
- Modern kitchen with ample stone bench tops and cupboards
- Ducted reverse cycle air-conditioning
- Intercom
- Secure building with lift access.
- Access to 3 pools (including 1 indoor), a fully-equipped gym, sauna, steam room and BBQ facilities.
- Excellent potential for consistent rental income - currently leased at $1,100 per week expires March 2025.
- Nestled in the heart of the CBD, offering convenience and vibrant city living.

Rates & Fees:
Council rates: approximately $1,500/year
Water & Sewerage: approximately $870/year
Body Corporate: approximately $110/week

Auction:
Time: 13 November 2024, 11:00am
Venue: Gold Coast Turf Club - Bundall

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 inquiries to verify the information contained herein. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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Property History for 1396/56 Scarborough St, Southport, QLD 4215

A timeline of how this property has performed in the market
Last Sold
13 Nov 2024
  • 13 Nov 2024
    Sold for $1,125,000
  • 21 Oct 2024
    Listed for Sale Auction
  • 08 Sep 2007
    Sold for $845,000

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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 19,538 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 256 properties listed for sale, and 130 properties listed for rent in Southport on OnTheHouse. According to CoreLogic's data, 1020 properties were sold in the past 12 months in Southport.

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