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103 Minnie Street

Southport QLD 4215

7
6
6
677 m²
House
Currently for sale - view listing

Overview

Rare Investment Opportunity - Three Townhouses on One Title - 677m2 Medium Density Site

An outstanding opportunity to secure a high performing residential investment in a sought after location, this unique property comprises three quality townhouses on a single title, positioned on a generous 677m2 Medium Density zoned allotment. Offering exceptional holding income from three established residences, this is the ideal acquisition for investors seeking immediate cash flow without compromising on future potential. Opportunities of this nature are increasingly difficult to find, combining strong rental returns with the flexibility and long-term benefits of a substantial Medium Density landholding. Each townhouse has been thoughtfully designed for comfortable, low maintenance living and enjoys strong tenant appeal, creating a reliable and diversified income stream. With three separate dwellings under one title, the property provides an attractive balance of simplicity in ownership and exceptional investment performance. The Medium Density zoning further enhances the property's appeal, providing valuable long term flexibility and positioning the asset for future growth in an area where quality development sites continue to be in high demand. Whether your strategy is to hold for consistent rental income, landbank for the future, or explore redevelopment opportunities (subject to council approval), this property presents outstanding possibilities. Property Features: • Three well-maintained townhouses on one title. • Generous 677m2 Medium Density allotment. • Exceptional income with multiple fixed rental streams approx $2280pw • Investing scope to increase your rental capacity by $900-$1000pw • Strong investment fundamentals with proven tenant demand. • No body corporate overheads • Townhouse 3 (photos 4-7) • Townhouse 1 & 2 (photos 8-15) • Approx 11kw solar electric system • Low maintenance asset with broad rental appeal. • Diversified income across three separate residences. • Excellent opportunity for investors, SMSFs and developers alike. • Long term capital growth potential in an established residential location. Positioned close to schools, shopping centres, public transport, parks and everyday conveniences, the property enjoys a highly desirable location that continues to attract quality tenants. The combination of location, land size, zoning and income creates a compelling investment opportunity that is rarely offered to the market. This is an opportunity that offers far more than simply an investment property it is the chance to secure a high performing asset with proven income, a substantial landholding and enduring market appeal. The rarity of three townhouses on one title, combined with exceptional holding income and Medium Density zoning, places this property in a class of its own. Properties offering three townhouses on one title are seldom available and are highly sought after for their versatility, strong cash flow and long term growth prospects. This is a rare chance to secure a premium income producing asset with immediate returns and exciting future potential. Important: Whilst every care is taken in the preparation of the information contained in this marketing, Ray White will not be held liable for the errors in typing or information. All information is considered correct at the time of printing.

Features

7 bedrooms
6 bathrooms
6 carspaces
6 open car spaces
677 m² lot size
House

Property history for 103 Minnie Street

2013
Sold
Undisclosed
Private Sale/Treaty on 05 Dec 2013

Happy sellers in Southport

87%
87% of sellers in Southport reported that their sale price either exceeded or met their price expectations.

Southport stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 162 reviews in Southport over the last 12 months.

Local market activity for 7 bedroom houses in Southport

In the last 12 months, 2 seven-bedroom houses similar to 103 Minnie Street, have been sold.

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