The Pitch:
Welcome to 23/106 Marine Parade, Southport, a prime Broadwater-front investment opportunity in one of the Gold Coast's strongest-performing CBD markets. Positioned directly opposite the Broadwater, this light-filled one-bedroom apartment delivers an impressive combination of lifestyle appeal, strong rental demand and long-term capital growth potential. Featuring open-plan living and a generous balcony, the apartment is perfectly suited for individuals seeking convenience and a low-maintenance coastal living, while the functional layout also offers clear scope to add value through cosmetic upgrades.
Whether you're expanding your portfolio or entering the market, this represents a smart acquisition in a tightly held waterfront pocket that remains a popular choice thanks to its exceptional location, lifestyle appeal and long-term growth potential.
The Details:
One spacious bedroom with built-in robe
Bright open-plan living and dining area filled with natural light
Functional kitchen with ample storage and practical layout
Generous balcony capturing a glimpse of the stunning Broadwater
Original bathroom with combined internal laundry, presenting an excellent opportunity to renovate and add value
Resort-style facilities including a huge in-ground swimming pool, heated spa and fully equipped gym
Strong rental appeal in a tightly held waterfront pocket
Lift access and secured complex
Security key access to building
Secure single car space
The Location:
Set along iconic Marine Parade in Southport, this waterfront address sits directly opposite Broadwater Parklands and moments from Australia Fair Shopping Centre, placing shops, dining and transport all within easy walking distance. Major medical hubs including Gold Coast University Hospital and Gold Coast Private Hospital are also close by, boosting appeal.
Southport continues to perform as the commercial heart of the Gold Coast CBD, underpinned by ongoing infrastructure investment, strong population growth and consistently high rental demand. Over the past 12 months, median house values in Southport have risen approximately 11 to 14 percent, with unit values also recording solid growth, reinforcing buyer confidence and long-term capital appreciation. With waterfront proximity, walkable amenities and CBD positioning, this location remains highly sought after by tenants and owner occupiers alike, making it a compelling investment opportunity with strong yield potential and future upside.
The Investment:
Tenanted until: Tenant is on periodic tenancy
Leased at: $550 per week, rent increases to $590 on the 23/03/26
Date of last rent increase: 13/02/2025
Current market appraisal: Approximately $570 - $600 per week
Council Rates: Approximately $2,800 annually
Body Corporate: Approximately $155 per week
The Disclaimer:
In the creation of this advertisement, we have made every effort to ensure the accuracy and truthfulness of the information provided. However, we assume no responsibility and disclaim all liability for any potential errors, omissions, inaccuracies, or misstatements that may arise. We strongly advise prospective purchasers to conduct their own investigations and verification of the information contained herein. Furthermore, it is recommended that buyers independently inquire about building approvals and any relevant warranties to ensure complete satisfaction and confidence in their decision. Please be advised that our editing team has solely enhanced the colour of the grass and sky in the image to improve its aesthetic appeal, without any intention to misrepresent the property in any manner. Please be aware that these photos feature digitally staged furniture and do not accurately represent the current condition of the property. As the property is currently tenanted, virtual furniture/ item removal has been applied to these photos. Please note that these images may not fully reflect the property's current condition and presentation.
