Michael Willems of Ray White Commercial Gold Coast is pleased to present 44 Queen Street, Southport.
Located in the heart of Southport, this 3-level, 17-room (70 bed) accommodation complex, operated by the successful 'Aquarius Gold Coast', is an exciting opportunity for the astute investor.
This unique investment opportunity features the following:
• Net income $168,000p.a.* + GST + Outgoings with a new 3 year lease
• Quality constructed three level building offering 17 lettable rooms totalling 70 beds
• Central location directly opposite G:Link Station and within short walking distance to the Southport Broadwater Parklands, Australia Fair Shopping Centre and cafes and restaurants
• 939m2* of prime land with easy pedestrian and vehicle access
• Zoned 'Special Purpose' within the Southport PDA Development Scheme offering an array of development opportunities
• Determined seller's make this an opportunity not to be missed.
*Approximately
Auction
The Event' - Sunday, 24 January 2021 at 10am
RACV Royal Pines Resort, Benowa
For further information or a private inspection, please contact the exclusive agent Michael Willems on 0412 240 176.
Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.
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 20,370 properties. Over the last 5 years, Houses in Southport have seen a 68.23% increase in median value, while Units have seen a 104.47% increase. As at 31 July 2026:
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