64 Minnie StreetSouthport QLD 4215
Property Details for 64 Minnie St, Southport
64 Minnie St, Southport is a 6 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 506m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (May 2023)
Central and sought-after opportunities like this are increasingly rare making 64 Minnie Street in Southport simply too good to miss. Astute property investors and eagle-eyed developers will feel drawn to this property's endless potential while owner-occupiers will also love the chance to secure a home and an income- producing asset all in one.
Set over two levels, this dual-living residence currently generates a staggering combined rental income of $1,025p.w. making this a prized addition to any portfolio. Alternatively, you could wait for the current lease to expire and move into the top floor while offsetting the mortgage by continuing to rent out the lower level.
Both floors are fully self contained and private with each offering three bedrooms and one bathroom. The good-size living areas provide space for everyone to spread out and relax and there are well-equipped kitchens with quality appliances and ample storage.
The large lot is zoned RD4 and has previously had development approval for two four-bedroom duplexes. The choice is yours whether you move in, rent out or landbank and continue receiving an exceptional return as you work with council on your future development aspirations.
- A sought-after investment opportunity that you won't want to let slip
- Currently returning a show-stopping combined rental of $1,025p.w.
- Potential to capitalise on the RD4 zoning and previous development approval (STCA)
- The existing home is split over two levels with two self-contained residences
- You may wish to move into the top floor and continue to rent out the lower level
- Each floor has three bedrooms, one bathroom, a kitchen and a living area
- Ample storage throughout, laundry facilities, a covered patio and off-street parking
- Perfectly positioned only moments from schools, parks, bus stops and amenities
- Close to cafes, shops, restaurants, medical services and the Gold Coast Broadwater
- You can be amongst the bright lights of Surfers Paradise in just minutes
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
We have in preparing this information used our best endeavours 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 purchasers should make their own enquiries to verify the information contained herein. * denotes approximate measurements.
Property has been virtually staged with furniture in living room and bedrooms. Curtains are virtually input. Due to protection and privacy of tenants furniture and items.
Property History for 64 Minnie St, Southport, QLD 4215
- 20 Apr 2023Sold for $910,000
- 12 Apr 2023Listed for Sale Auction
- 11 Jun 2021Listed 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 19,534 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:
- The median value for Houses in Southport is $1,056,663 while the median value for Units is $718,523.
- Houses have a median rent of $745 while Units have a median rent of $650.
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