45 Prince St, Southport is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 840m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Southport in the last 12 months.
This is your chance to secure an exceptional redevelopment site that has the potential to accommodate six tri-level townhouses. Set on a rare 840m2, gently elevated, north east facing allotment with adjoining parkway/easement. The site currently occupies a substantial three bedroom brick home in very good condition throughout, currently returning $1,150 per week.
The opportunity exists for you to buy now and benefit from exceptionally high rental returns, whilst putting a DA in place for a beautiful boutique 6x townhouse development. We currently have preliminary drawings in place and astute investors who are looking for a development and re-sell, or development and hold opportunity are guaranteed prosperous returns.
With sales activity in this area at an all-time high and recent prices demonstrating the representation of value on offer, we suggest you act fast.
Will Be Sold, Phone Now!
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 19,528 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:
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