OFF MARKET

53/150 Marine Parade
Southport QLD 4215

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 4420m2
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Property Details for 53/150 Marine Pde, Southport

53/150 Marine Pde, Southport is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 4420m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
1999
Floor Size
53m2
Land Size
4420m2
Local Government
Gold Coast City
Lot/Plan
53/SP115348

Last Listing description (January 2024)

Modern one bedroom apartment located in the ever popular of Blue Water Bay complex. Leased until August 2024.
Earning 7.5% gross income approx and tucked away in a private position at Southport's "Blue Water Bay Resort" - this over-sized one bedroom lifestyle unit, awaits your decision.
Not often available, this unit surrounded by tropical pools and gardens represents a great opportunity to secure prime Marine Parade investment real estate across the road from the Broadwater Parklands. Original unit, ripe for a quick renovation or upgrades and as an addition to a new or growing investment portfolio. Earns $24,000 + p/a gross income on permanent rental. Nothing to do but relax when you buy and settle this one.

Our seller is retiring and exiting their investment portfolio with us.

Featuring:
* Spacious living area
* Lounge opening to the balcony
* Fully equipped kitchen with ample cupboards
* Separate internal laundry cupboard and storage space
* Two way bathroom with separate wardrobe
* Resort facilities including: Lagoon style swimming pool, full sized tennis court, and
gymnasium
* Rental current until August 2024 is $480/week that represents a 7.5% approx gross return.

Location:
- Across the road to Broadwater Parklands and Southport Pool
- 0.2 km to public transport along Marine Parade
- 0.4 km to bus to Griffith Uni & GCU Hospital
- 1 km to Australia Fair Shopping Centre
- 3.7 kms to Griffith University & GCU Hospital

Disclaimer: We have, in preparing this information used our best endeavors to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective vendors, purchasers & tenants should make their own enquiries to verify the information contained herein. Photos may have been digitally enhanced and may had virtual furniture added for improved online and buyer or tenant experience.

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Property History for 53/150 Marine Pde, Southport, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$360,500
17 Oct 2023
Listed for Rent
$365/w
23 Jul 2021
  • 17 Oct 2023
    Sold for $360,500
  • 09 Oct 2023
    Listed for Sale $330,000 + buyers
  • 18 Sep 2019
    Listed for Rent $310 / 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 19,557 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 229 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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