SOLD
RECENT ADVICE
Sold on 12 Sep 2024 for $510,000

2/59 Queen Street
Southport QLD 4215

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 2/59 Queen St, Southport

2/59 Queen St, Southport is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Southport in the last 12 months.

Building Type
Unit
Local Government
Gold Coast City
Lot/Plan
2/BUP1088

Last Listing description (September 2024)

This fabulous ground-floor unit in a boutique complex of just seven residences is perfect for the savvy investor, downsizer, holiday-maker, or first-time home buyer.

Within walking distance from the highly active Broadwater, Australia Fair Shopping Centre, Aquatic Centre, RSL Club, TAFE, Southport CBD, and the vibrant cafes and restaurants along Scarborough Street – This low-maintenance gem boasts low body corporate fees and offers the ultimate in convenience and lifestyle in a prime location.

Property Features:

- Open plan living/dining area
- Two well sized bedrooms with built in robes
- New carpets
- Updated kitchen
- Ceiling fans throughout
- Single undercover carport
- Separate storage room
- Light Rail station within walking distance
- Small block of 7 units - ground floor
- Low Body Corporate fees
- Expected rental income $570 - $600 per week

THE NUMBERS:

Strata Rates approximately $43 per week
Council Rates approximately $ TBA per half year (investment)
Water Rates approximately $ 350 per quarter (investment)

Lifestyle and Investment Potential
Whether you're looking to invest in a thriving CBD market or move in and enjoy a comfortable, convenient lifestyle, this unit offers endless possibilities. The ground-floor position keeps it cool in the summer with refreshing sea breezes, making it an inviting retreat.

Inspection Details

Due to limited on-site parking, private inspections are welcome. However, ample parking is available in the adjacent streets and at Dan Murphys across the road. Don't miss out on this exceptional opportunity – contact Hayleigh at RAS360 on 0423 328 223 to arrange a suitable time for your visit.

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Property History for 2/59 Queen St, Southport, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$510,000
12 Sep 2024
Listed for Rent
$265/w
28 Jun 2016
  • 05 Sep 2024
    Sold for $510,000
  • 08 Aug 2024
    Listed for Sale SOLD
  • 27 Aug 2020
    Sold for $252,000
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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 19,529 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.
There are currently 246 properties listed for sale, and 134 properties listed for rent in Southport on OnTheHouse. According to CoreLogic's data, 1023 properties were sold in the past 12 months in Southport.

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Contact agent
Hayleigh Mcauliffe
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Arki Truscott
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RAAS Property Group
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