2/203 Scarborough StreetSouthport QLD 4215
Property Details for 2/203 Scarborough St, Southport
2/203 Scarborough St, Southport is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 73m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (July 2023)
Excellent off-market buying opportunity only 200 metres away from the Broadwater and just a short walking distance to the Southport CBD, GC Light Rail Tram Station, Australia Fair Shopping Centre, China Town, and the Broadwater Parklands.
Located on the ground floor in a small building complex known as 'York House' this unit has just been vacated and is ready for immediate occupation so perfect for owner-occupiers who require vacant possession. Also suitable for investors with an estimated rental return of around $450 to $475 per week and you can land bank as a potential redevelopment site in the future.
Please contact Peter Jarmer on 0423 009 843 for further information and to arrange an inspection. Act quickly before this unit goes to open market, the vendors will consider all reasonable offers!
Features include: -
- 'York House' small building complex with only 11 units
- Built circa 1981 and potential redevelopment site
- Ground floor unit approx. 62 sqm internal size
- 2 bedrooms 1 bathroom & 1 allocated undercover car space
- Open plan kitchen/living/dining area with Terracotta tiling
- AC in the master bedroom
- Walking distance to the Broadwater & GC Light Rail Station
- Prime location close to the Southport CBD
- Body corporate approx. $47 per week including building insurance
- Vacant and ready for immediate occupation
- Rental potential of approx. $450 to $475 per week
Disclaimer: All information (including but not limited to the property area, floor size, price, address, and general property description) is provided as a convenience to you and has been provided to McGrath by third parties. Consequently, McGrath is unable to definitively attest to the listed information's accuracy. McGrath does not accept any liability (indirect or direct) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits arising out of or in any way connect with the use or dissemination of any information, or any error, omission, or defect present within the information as appearing on the Website. Information appearing on the Website should not be relied upon and you should attend to your own personal enquiries and seek legal advice (where required) with respect to any property on the Website. Please also note, the prices displayed on the Website are current at the time of issue but are subject to change.
Property History for 2/203 Scarborough St, Southport, QLD 4215
- 01 Jun 2023Sold for $380,000
- 25 May 2023Listed for Sale $380,000
- 24 Feb 2021Listed for Rent $370 / 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 19,529 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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