92 Benowa RoadSouthport QLD 4215
Property Details for 92 Benowa Rd, Southport
92 Benowa Rd, Southport is a 4 bedroom, 1 bathroom House with 4 parking spaces and was built in 1974. The property has a land size of 620m2 and floor size of 174m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (October 2021)
Located in a bubbling hotspot bordering Benowa & less than 10 minutes drive to the beach is this DA approved site for 3 townhouses. This blue chip site is situated on a 620m2 allotment in a prime location.
Rarely does an opportunity like this present, with the vendor highly motivated & all the building development approvals completed. Buyers don't hesitate with this opportunity, its a standout purchase !!
At present, a very solid four bedroom brick and tile home occupies the site. The buyer may purchase with view to either move in themselves, rent out as an investment or get to work on building this impressive 3 lot development. This project would be ideal for a owner / builder, boutique developer or to secure for a superannuation fund. Have confidence knowing the development approval has a currency of building approval for 7 more years. This site may be an attractive proposition for a large family to secure, with view to building in years to come.
General Scope Of Development Approval -
* Residences are numbered 1,2 and 3 with residence 1 being closest to Benowa Road
* Residence 1 - double storey and share adjoining wall - 226.47m2 in living space
* Residence 2 - double storey and share adjoining wall - 226.47m2 in living space
* Residences 1 & 2 are identical design and are 4 bedroom, 2.5 bathroom with double garage
* Residences 1 & 2 both offer a private roof deck with a view - generous size of 5400mm x 6200mm
* Residence 3 - rear site building, approval to 3 storey's with a 9 metre skyline aspect - 257.50m2 in living space
* Residence 3 - offers a private 3rd floor master bedroom & ensuite, plus bonus upstairs rumpus also.
* Residence 3 - shares no wall and is also cleverly designed to maximise space.
* The complete site is well designed with roadway & greenspace for gardens & path access
* The development design has been configured with a east north-east aspect, with view to attract streams of natural light to all three residences.
* Regular household services are obviously existing, allowing for cost effective connection once each residence is individually titled. There is a slight gradient fall towards the road, so stormwater flow etc is no challenge.
Existing Home ( see incorporated photos )
* Sits on the 620m2 allotment with skyline glimpses from upstairs, capturing cool breezes
* Photos 18-22 on the reel which are the current home
* The home appears very structurally sound - with under house storage
* The home was recently tidied up and modernised a bit with a new kitchen and bathroom
* Further scope to improve the existing home which has quite a presence
* Generous rear yard with lots of grassed area
* Permanent weekly rental appraisal of $750-$780 per week
The property boasts a magnificent location with close proximity to all the Gold Coast has to offer.
* Less than 4km to the beaches of Surfers Paradise and surrounds
* Approximately 7KM to the Smith Street on ramp to M1 Motorway
* Approximately 5KM to the Gold Coast University and Hospital
* Less than 5 minutes drive to Benowa Gardens, Bronberg Plaza, Southport Park Shopping Centres
* Pindara Private Hospital & Gold Coast Botanical Gardens also less than 5 minutes drive away
* Close proximity to a number of popular State and Private Schools including the prestigious TSS, plus golf courses & the Gold Coast Turf Club
Motivated vendor willing to meet the market. All offers to be submitted for their consideration. Agent conjunctions are welcome.
For more information contact Tim Grevell.
Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Property History for 92 Benowa Rd, Southport, QLD 4215
- 13 Sep 2021Sold for $910,000
- 13 Aug 2021Listed for Sale $880,000 - $920,000
- 07 Aug 2018Sold for $550,000
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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 19,536 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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