20 Bailey CrescentSouthport QLD 4215
Property Details for 20 Bailey Cres, Southport
Last Listing description (February 2024)
Jackson Rameau from RWC Gold Coast is proud to present to the market 20 & 22 Bailey Crescent, Southport QLD to be sold in-one-line or separately on or before Auction. This unique double block is 4,192m2 large and presents a rare chance for future investors, occupants, or developers to acquire a trophy site in the heart of Southport's premier industrial estate.
20 Bailey Crescent Southport QLD has the following key features:
2,096* of prime land
Current net income of $143,875.05* p.a. + GST + Outgoings
Strong potential for re-development, rental uplift, and future location growth
Zoned 'Low impact industry'
22 Bailey Crescent Southport QLD has the following key features:
2,096* of prime land
720m2* of net lettable area
Current net income of $121,179.65* p.a. + GST + Outgoings
Strong potential for re-development, rental uplift, and future location growth
Zoned 'Low impact industry'
The properties will be for sale via public auction at 'The Event' on Sunday, 28th of January, 2024 at 10am, held in-rooms at RACV Royal Pines Resort, Benowa QLD. To confirm, lots 20 & 22 Bailey Crescent, Southport, QLD will first be offered up for sale at Auction as a combined purchase, if the reserve is not met the assets will be sold-off individually at auction shortly afterwards.
For more information or to arrange a private inspection, please contact the exclusive marketing agent Jackson Rameau on 0438 451 112.
Disclaimer:
The website may have filtered the property into a price bracket for website functionality purposes. Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility. *Approximately
Property History for 20 Bailey Cres, Southport, QLD 4215
- 29 Jan 2024Sold for $2,250,000
- 28 Dec 2023Listed for Sale Auction - Sunday 28 January 2024 at 10am
- 22 May 2019Listed for Rent $1,250 / 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 19,728 properties. Over the last 5 years, Houses in Southport have seen a 70.87% increase in median value, while Units have seen a 90.24% increase. As at 31 July 2024:
- The median value for Houses in Southport is $1,019,410 while the median value for Units is $678,453.
- Houses have a median rent of $750 while Units have a median rent of $630.
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