1/16 Andrews StreetSouthport QLD 4215
Property Details for 1/16 Andrews St, Southport
1/16 Andrews St, Southport is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1979. The property has a land size of 295m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
Last Listing description (May 2021)
Here is your perfect opportunity to invest in the heart of one of Southports most exclusive pockets.
Nestled in Andrews Street this immaculately presented ground floor 2-bedroom unit has been cared for and maintained to a very high standard by the current tenants. There is no question this is a fantastic opportunity for the astute investor seeking a low maintenance, entry level investment with an immediate income.
Boasting spectacular view from your living room and private balcony, youre in the heart of the city and just a short stroll to the Light Rail, Australia Fair Shopping Centre, Ferry Road Markets and the beautiful Broadwater Parklands.
Features include
- Light and breezy combined lounge and dining
- Well-appointed kitchen
- Generous Master bedroom
- Double tandem garage
- Double glass doors opening to a large balcony
- Separate laundry and powder room (toilet)
- Ground Floor
Outlays
Low body corporate fees: $32.30 p/w approx.
Rates $1,680 p/a
Water $1,200p p/a
Currently tenanted until 13th March 2021
Current rental return: $345.00 p/w
Investment wise this property will tick the boxes for the savvy investor, the location is highly sought-after, low body corporate fees, above expected yield and prime development location in a small complex of 8 units. There is no doubt that the position of this property coupled with an existing tenancy and very low maintenance makes this an ideal investment opportunity!
This unit will not be on the market long, be sure to contact Cheree Kalusevicius today to secure your private inspection before you miss out!
Property History for 1/16 Andrews St, Southport, QLD 4215
- 13 Nov 2020Sold for $292,000
- 08 Jun 2020Listed for Sale offers over $279,000
- 16 Aug 2019Listed for Rent - Price not available
Recent sales nearby
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About Southport 4215
The size of Southport is approximately 14.6 square kilometres. There are 37 parks, covering nearly 18.2% of the total area. The population of Southport in 2016 was 31908 people. By 2021 the population was 36786 showing a population growth of 15.3% 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 2021, 38.30% of the homes in Southport were owner-occupied compared with 37.90% in 2016.
Southport has 20,373 properties. Over the last 5 years, Houses in Southport have seen a 63.50% increase in median value, while Units have seen a 100.57% increase. As at 31 August 2026:
- The median value for Houses in Southport is $1,262,877 while the median value for Units is $869,201.
- Houses have a median rent of $875 while Units have a median rent of $745.
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