7
Cook
Close
southport
QLD,
4215
SOLD
Sold for $885,000
6
3
2
Property: 258 sqm
Land: 640 sqm
Unique Investment Opportunity Going to Auction This Sunday
Golden opportunity available with this fully renovated property offering multiple rental return possibilities: University student accommodation, lease the main home and studio apartment individually or the entire home on one lease. Also desirable to the extended family with dual living needs - So many options!
- 6 Bedrooms (inc. studio), 3 bathrooms
- Separate fully self-contained studio accommodation with spacious open plan living, bedroom with ensuite & walk in robe, outdoor patio with own entrance.
- Main residence comprises of 5 bedrooms, 2 bathrooms plus separate toilet, 2 living areas plus dining
- Freshly painted throughout & new carpet
- 3 x split system air conditioning units & ceiling fans throughout
- Cul de sac position with central road visitor parking - handy!
- Super energy efficient with 28 solar panels & 2 x 5KW inverters
- Rental yield is high with current owner having leased 12 months ago at $1,015pw, rents have gone up and now being vacant the opportunity is there to increase . Student accommodation is also an option with similar properties renting individual rooms at $170 - $200pw.
- Council rates $2178pa, Water rates on average $1800pa depending on usage
- Only a 750m stroll to the Smith Street pedestrian bridge which provides direct access to the University & GC Hospital.
- 640m2 fully fenced block with electric gate
- Auction terms 10% deposit and 30 day settlement
Its all about the accommodation options and location being within a short walk of Griffith University, GC Hospital, Aquinas College and Guardian Angels Primary School. The M1 is close by providing quick access north & south, major shopping centres just up the road and the beach not far away. If your family needs dual living or you're after the perfect investment property you've got to see this one!
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About southport
median house price
970000suburb growth
5.4%median house rent
750suburb rental yield
4.0%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.
