SOLD
Sold on 07 Oct 2023 for $595,000

5/97-99 Eugaree Street
Southport QLD 4215

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 98m2
Land area: 52m2
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Property Details for 5/97-99 Eugaree St, Southport

Building Type
Commercial
Year Built
2001
Floor Size
98m2
Land Size
52m2
Local Government
Gold Coast City
Lot/Plan
5/SP100350

Last Listing description (November 2023)

Ideally located within easy walking distance to the Light Rail & local shops this low maintenance, modern townhouse is the perfect addition to your investment portfolio.

Spacious and bright, situated in a quiet complex of only 10 properties and with quality long term tenant in place this property offers:

* 3 large bedrooms: Main with air-conditioning, walk-in robe and ensuite. Bedroom 2 offers walk through robe accessing 2-way main bathroom.

* Open plan lounge and dining area
* Modern kitchen with dishwasher and ample cupboard and bench space
* Security screens on all windows
* Single lock up garage plus car space
* Small complex only 10 townhouses
* Private fully fenced court yard / back garden
* Low Body corporate approx. $88 per week
* Fantastic location. 200m to light rail station
* Walk to Southport CBD
* Currently rented at $520 per week to quality long term tenant (leased until February 2024)

With strong local infrastructure investment and conveniently located to Griffith University, Gold Coast University Hospital & Gold Coast Private Hospital this property will always have strong rental demand and continued capital growth.

Don't delay, email our friendly team today for more information or to register for an upcoming inspection.

Property History for 5/97-99 Eugaree St, Southport, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$595,000
07 Oct 2023
Listed for Rent
$415/w
11 Sep 2019
  • 07 Oct 2023
    Sold for $595,000
  • 03 Jul 2023
    Listed for Sale Not Disclosed
  • 10 Sep 2019
    Listed for Rent $415 / week
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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 19,728 properties. Over the last 5 years, Houses in Southport have seen a 70.87% increase in median value, while Units have seen a 90.24% increase. As at 31 July 2024:

  • The median value for Houses in Southport is $1,019,410 while the median value for Units is $678,453.
  • Houses have a median rent of $750 while Units have a median rent of $630.
There are currently 245 properties listed for sale, and 139 properties listed for rent in Southport on OnTheHouse. According to CoreLogic's data, 1054 properties were sold in the past 12 months in Southport.

Suburb Insights for Southport 4215

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Contact agent
Anthony Steinberg
Show contact details
Performance Realty Group
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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.