96
Johnston
Street
southport
QLD,
4215
SOLD
Sold for $880,000
5
2
2
Land: 708 sqm
Potential, Position with Great Return
Two Dwelling Property on a 708m2 block with a combined weekly return currently of $865 pw and about to increase to $1,000 pw.
Huge potential and possibilities for future development with an attractive rental income until you're ready!
This property features-
Front house, 1/96:
Cute cottage built circa 1950's
3 bedrooms, 1 bathroom
Good sized kitchen
Separate dining and living areas
1 car carport
Lease until August 2023 at $450 pw with long term tenants who want to stay on.
Back house, 2/96:
Built 1991
Two bedrooms both with built in wardrobes
Recently renovated bathroom
Big kitchen and large open plan living
Fenced back yard plus garden shed
1 car carport
Tenants moving out by the end of month, current rental appraisal $550 pw.
GCCC Rates- $2,842 pa
Water Rates- Properties are individually water metered with tenants paying all water consumption.
Central Southport location, under 5 minute drive to the beautiful Broadwater Parklands, Southport CBD, Chirn Park and Major shopping centres. Griffith Uni just around the corner & Southport High School a short walk away - Location, Location with big potential!
Agents
Nearby Schools
About southport
median house price
1087500suburb growth
18.9%median house rent
800suburb rental yield
3.8%Similar Properties
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.
