SOLD
RECENT ADVICE
Sold on 03 Oct 2024 for $5,500,000

270 Ferry Road
Southport QLD 4215

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2810m2
Sold By
Ivy Realty
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Property Details for 270 Ferry Rd, Southport

Building Type
Commercial
Land Size
2810m2
Local Government
Gold Coast City
Lot/Plan
1/RP124529

Last Listing description (November 2024)

This freehold, mixed-use development site with medical potential is a 2810m2 vacant block of land with a prominent 45 metre frontage to Ferry Road offering excellent exposure to approximately 35,000* vehicles daily.

The property is zoned RD4 Medium Density Residential with an allowable building height of 9 metres and allowing for a variety of mixed-use development options subject to council approval including but not limited to:

- Residential;

- Health Care Services;
- Short Term Accommodation, Hotel or Serviced Apartments;
- Commercial Offices and/or Retail;
- Car Wash;
- Child Centre;
- Community Care Centre

Southport is a well serviced central business district that continues to see growth and offers many business, leisure and lifestyle options. This property is ideal for an astute investor, future owner occupier or developer.

For more information or to secure your own piece of paradise, please contact Ivy or Dhi now on 0433 103 586 / 0402 401 888!

Disclaimer: * = Approx. The above information has not been verified. We advise you to confirm the accuracy of details before entering a contract. Ivy Realty. and its employees cannot be held responsible for any inaccurate details supplied here. Buyer/s must do their own due diligence regarding drawings, floor plans, council approval and measurements etc. these have not been verified by Ivy Realty.

Property History for 270 Ferry Rd, Southport, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$5,500,000
03 Oct 2024
  • 03 Oct 2024
    Sold for $5,500,000
  • 23 Aug 2024
    Listed for Sale SOLD - $5,500,000
  • 30 Jun 2023
    Listed for Sale Not Disclosed
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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 247 properties listed for sale, and 134 properties listed for rent in Southport on OnTheHouse. According to CoreLogic's data, 1030 properties were sold in the past 12 months in Southport.

Suburb Insights for Southport 4215

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.