OFF MARKET

4/5 North Street
Southport QLD 4215

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 245m2
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Last updated 30 Sep 2024
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Property Details for 4/5 North St, Southport

4/5 North St, Southport is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 245m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
1974
Floor Size
57m2
Land Size
245m2
Local Government
Gold Coast City
Lot/Plan
4/BUP1214

Last Listing description (July 2021)

Better be quick on this deal as the seller is keen to move on from this property and has priced it accordingly. A prime location and within a few hundred meters to the Broadwater, this unit is in a small block of only 8 and would make an ideal investment or first home at this price!

A lick of paint and some TLC will help boost the potential rent up, otherwise it is good to go in its current condition. Don't put this off as it will sell quickly and with its low outgoings it would suit an investor or owner occupier.

* Ground floor two bedroom/one bathroom unit located in 'Torque Lodge'

* Total of 8 units located in this small two storey walk-up complex sitting on 809sqm block
* A fantastic investment property to rent out with potential for re-development down the track
* Floor plan approx 56sqm internal with outside undercover porch of approx 16sqm
* Neat and tidy unit currently owner occupied. Could do with some TLC to spruce the place up
* Potential rental return approx $370 per week in its current condition
* One allocated parking space outside the unit
* Body corporate TBC per week including building insurance
* Circa building approx 40-50years. Council rates approx $865 per 6 mths. Water approx $318 (3 mths)
* Stroll to Broadwater, Parklands, Aquatic Centre, Transport, Australia Fair and much more
* A great investment property to add to the portfolio and future re-development site!

For further information on this home or to arrange an inspection, please call Michael Elliss on 0402 858 174

Property History for 4/5 North St, Southport, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$267,000
21 Jul 2021
Listed for Rent
$300/w
12 Dec 2017
  • 21 Jul 2021
    Sold for $267,000
  • 21 Apr 2021
    Listed for Sale $279,000
  • 11 Oct 2019
    Sold for $230,000
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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 19,716 properties. Over the last 5 years, Houses in Southport have seen a 77.58% increase in median value, while Units have seen a 93.39% increase. As at 31 August 2024:

  • The median value for Houses in Southport is $1,066,803 while the median value for Units is $700,964.
  • Houses have a median rent of $730 while Units have a median rent of $630.
There are currently 225 properties listed for sale, and 139 properties listed for rent in Southport on OnTheHouse. According to CoreLogic's data, 1047 properties were sold in the past 12 months in Southport.

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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.