17/136 Marine ParadeSouthport QLD 4215
Property Details for 17/136 Marine Pde, Southport
17/136 Marine Pde, Southport is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 599m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (October 2024)
Discover the Perfect Investment or home situated in the highly sought-after Aqualine complex on Marine Parade.
Step into luxury and comfort with this impeccably renovated 1-bedroom apartment that offers a contemporary living experience in an desirable location. With attention to detail and high-end finishes throughout, this apartment is perfect for those who appreciate the finer things in life.
Key Features:
Fully equipped renovated kitchen which boasts a dishwasher, oven, cooktop, full-size fridge, and microwave
Open plan living areas extend to the private balcony overlooking the pool, hinterland and water view corridor
Reverse cycle air conditioning and fans
Two way bathroom with Double vanity and a single spa bath.
Spacious bedroom with built in wardrobes.
Covered dedicated car space.
Available fully furnished, subject to further discussion
Investment Highlights:
Proven Occupancy with the average for 1-bedroom from 1 January to date is an impressive 73.6%. Income In the last three months (May ? July 2023) approximately $8,000, with August bookings already well in front - the investment yields are on the rise.
Residents of the Aqualine complex can also enjoy access to a shared swimming pool, spa, half tennis court, and BBQ area, perfect for hosting gatherings with family and friends.
Swipe lift access and conveniently located providing quick access to the Gold Coast Hospital, University, schools, and the Southport business district. Australia Fair, restaurants, caf?s, the Olympic Aquatic Centre, and the active Broadwater Parklands are also close by.
The Numbers:
Body Corporate approx: $136pw (NOTE: Reduction of fees due in early 2024)
Water Rates: approx: $350 per quarter (investment)
Council Rates: approx $850 per half year (investment)
The average annual income for the units sit around $30,000-$35,000
Average income for the owner last month is $5,709 Gross
Property History for 17/136 Marine Pde, Southport, QLD 4215
- 31 Aug 2023Sold for $435,000
- 22 Aug 2023Listed for Sale SOLD
- 03 Dec 2021Sold for $280,000
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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 19,536 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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