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Back 1108/59 Meron Street
Off Market

1108/59 Meron Street

Southport QLD 4215

1
1
Unit
Last sold for $675,000
Brooke WestawayBrooke Westaway, last sold this property on 06 April 2026 after 24 days on market.

Overview

LIQUIDATING ASSET - PRESENTING A GREAT OPPORTUNITY

CALLING INVESTORS OR FIRST HOME BUYERS Welcome to one of Southport's newest developments by Tryp Wyndham. A great investment opportunity designed for strong, consistent rental returns. Currently achieving approximately $2,101 per month, this property offers an attractive yield in a high-demand location. Positioned on the 11th floor, the apartment is flooded with natural light with views of the Gold Coast hinterland. The spacious open-plan living and kitchen area is tailored for comfort and convenience, all within close proximity to cafés, restaurants, supermarkets, and public transport. This is a true set and forget investment, offered fully furnished with flat-screen TVs, fridge, washing machine, dryer, and quality furniture-allowing for immediate leasing or move in ready home with minimal upfront costs. With low body corporate fees and affordable annual outgoings, the numbers stack up for investors looking to maximise returns while minimising expenses. The owners are reallocating funds, and this property must be sold on or before auction-presenting a rare opportunity to secure a high-yield asset in a tightly held pocket of Southport. Features Include: • Low body corporate fees at $115.00 approx per week • Furnished with everything you can see in the apartment • Open plan living with floor to ceiling windows • Master bedroom with mirrored wardrobes, private access to the balcony • Spacious kitchen with stone benchtops, gas cooktop & dishwasher • Private residents' lounge, concierge & valet parking available • Secure building & car parking with swipe access and intercom • Resort-style rooftop amenities, including Pilates classes, pool, BBQ area Gym and sauna If your looking for a low maintenance hotel lifestyle or a strong return on investment. This is an unmissable opportunity that does not come up often. The property must be sold. Please contact Brooke directly on 0413 785 868. Disclaimer: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Features

1 bedroom
1 bathroom
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Southport over the last 12 months, the estimated median property value of 1108/59 Meron Street is $587.5k.

Median value
$587.5k
Estimated value range
$428k - $790k
Median days on market
26
Estimated value trend
24%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Southport. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1108/59 Meron Street

2026
Rented
Undisclosed
Leased on 18 Apr 2026 by For Sale By Owner Australia
2026
Sold
$675,000
06 Apr 2026 by Brooke Westaway, of Ray White Southport

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 178 reviews in Southport over the last 12 months.

Local market activity for 1 bedroom units in Southport

In the last 12 months, 50 one-bedroom units similar to 1108/59 Meron Street, have been sold.

This represents a 11% decrease in one-bedroom units sales when compared to the previous 12 months.

Nearby agents

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Tanja Carson

Tanja Carson is a recommended agent for Southport.  They have 16 local sales and collected 15 local reviews across the last 12 months.

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Georgia Tritton

Georgia Tritton is an award winning recommended agent for Southport.  They have 37 local sales and collected 12 local reviews across the last 12 months.

  •   4.9   (120 reviews)
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Lana Faulkner

Sellers who recommend Lana Faulkner have praised them for being clear communication, local expert, responsive, supportive, friendly, great negotiation and detail-oriented

  •   4.9   (211 reviews)
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Ben Latimer

Sellers who recommend Ben Latimer have praised them for being clear communication, local expert, responsive, honest, reliable, friendly and pleasant

  •   4.9   (279 reviews)
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