SOLD
Sold on 21 Mar 2024 for $445,000

307/132 Marine Parade
Southport QLD 4215

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 4667m2
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Property Details for 307/132 Marine Pde, Southport

307/132 Marine Pde, Southport is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 4667m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Southport in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
58m2
Land Size
4667m2
Local Government
Gold Coast City
Lot/Plan
44/BUP105218

Last Listing description (October 2024)

If you're looking for a property to add to your portfolio, look no further. This unit is centrally located on the top floor of the Harbour Side Resort, a small complex situated across from the beautiful Gold Coast Broadwater.

Currently tenanted until 2025 with a return of $560 per week this is the perfect opportunity to capture a great investment.

Property features:

Open concept living area with seamless flow and abundant natural light
2 bedrooms ?built in robes
Fully equipped kitchen with a dishwasher, oven, cooktop, full-size fridge, and microwave
Air conditioned
Fans throughout
Dedicated car space.

The Numbers:
Body Corporate approx: $120pw
Water Rates: approx: $350 per quarter (investment)
Council Rates: approx $1,200 per half year (investment)

Residents of the Harbourside Resort can also enjoy access to a shared swimming pool, spa, half tennis court, and BBQ area, perfect for hosting gatherings with family and friends.
Investment Highlights: Set and forget this little gem as it will always be easily rented in this position. Currently rented at $540 per week with an increase to $560 in April 2024 ? April 2025
The location: Centrally located within walking distance to The Broadwater, close to schools, transport, Griffith University, Gold Coast Hospital and the G Link. It is positioned right in the heart of Southport's CBD and is opposite the kilometres of walking and cycling tracks of the Broadwater.

Disclaimer:
Whilst every effort has been made to ensure the accuracy of these, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these as representations of fact but must instead satisfy themselves by inspection or otherwise.

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Property History for 307/132 Marine Pde, Southport, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$445,000
21 Mar 2024
Listed for Rent
27 Aug 2020
  • 21 Mar 2024
    Sold for $445,000
  • 11 Jun 2020
    Listed for Rent $300 / week
  • 19 Sep 2019
    Transferred for $180,000
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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 19,558 properties. Over the last 5 years, Houses in Southport have seen a 74.53% increase in median value, while Units have seen a 94.86% increase. As at 30 September 2024:

  • The median value for Houses in Southport is $1,063,552 while the median value for Units is $709,480.
  • Houses have a median rent of $730 while Units have a median rent of $650.
There are currently 230 properties listed for sale, and 132 properties listed for rent in Southport on OnTheHouse. According to CoreLogic's data, 1030 properties were sold in the past 12 months in Southport.

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