27/138 High StreetSouthport QLD 4215
Property Details for 27/138 High St, Southport
27/138 High St, Southport is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 3703m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Southport in the last 12 months.
Last Listing description (March 2023)
This great 1-bedroom apartment is located on the middle floor of a 3 story walk up resort style apartment complex with a Northeast aspect located in the front building to the side of the complex of the main road, close to the centre of Southport hub and shopping centres and trams is returning a very solid $360 p/w income on a long-term lease plus extra option on lease to secure your investment.
Body corp. fees approx. $76,00 p/w
Rates and water approx. $69.00 p/w
Rent $360 p/w
Purchase price Offers over $340,000
Gross yield 5.50%
Property description:
* First floor 1-bedroom unit facing north east (Building has underground car park then ground floor, First floor and third floor)
* Bedroom fit with ceiling fans and with mirrored built-ins
* 2 toilets (main bathroom plus laundry)
* Split system reverse cycle air conditioning to living/dining area
* Carpeted open plan living and dining areas
* Modern kitchen with stainless steel dishwasher, range hood and electric cook top, large pantry, overhead cupboards.
* Functional laundry with clothes dryer, and toilet
* Spacious covered balcony
* Wired for Foxtel point and broadband internet ready,
* Fly screens to windows
* Entry gate and intercom system
* Secured underground car park for 1 vehicle
* Security gated complex with large community entertainment areas with two Stainless steel gas BBQs, toilets plus two in ground pools, spa and sauna.
* Walk to Bus, light rail, schools and shops for tenants convenience
* Great onsite managers to protect and grow your investment
* Built around late 2004.
This is a must for your investment portfolio with a prime location and excellent presentation to complex, making this a must to act now.
* Please note all gross yields and return details are approximate and are based on the asking price only (not the sale price), the gross return also does not include any tax credits or deductions the purchaser may be entitled to, and is based on information provided by a number of sources. This information is provided as a guide only and is based on figures provided to Onsite property and whilst this has been prepared in good faith and with due care, no liability for negligence is otherwise assumed by Onsite property, its principals, agents or servants. Please conduct your own investigations into the subject property to satisfy yourself with the matters concerning the property.
Property History for 27/138 High St, Southport, QLD 4215
- 09 Sep 2024Sold for $520,000
- 14 Mar 2023Listed for Sale Offers over $340 000
- 16 Sep 2022Sold for $335,000
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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 19,535 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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