418/1 Como CrescentSouthport QLD 4215
Property Details for 418/1 Como Cres, Southport
Last Listing description (September 2024)
• Retail investment available with new 5 + 5 year lease commencing 1/10/2023.
• Approximately 97sqm of gross floor area including outdoor alfresco dining.
• Great location within the Sundale Residential precinct with over 5,000 apartments within a 2-3 minute walk to the tenancy.
• 100m from the tram station plus 50m to Woolworths supermarket with over 1,000 patrons per day.
• Current tenant paying $45,448 net plus outgoings plus GST
• Great little investment.
Contact exclusive agent Doug Garvie for further details
Property History for 418/1 Como Cres, Southport, QLD 4215
- 04 Sep 2024Sold for $730,000
- 26 Mar 2024Listed for Sale Contact Agent
- 02 Jun 2023Listed for Rent - Price not available
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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 19,718 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.
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