Back 25/18 Queen Street
Off Market

25/18 Queen Street

Southport QLD 4215

2
1
1
104 m²
Unit
Last sold for $375,000
Peter BrownPeter Brown, last sold this property on 26 September 2021 after 93 days on market.

Overview

UNDER CONTRACT

This top floor, tastefully renovated, fully furnished apartment, in the well-established ‘Carwoola’ building just footsteps to the Southport Broadwater, showcases sweeping views encompassing the sparkling Broadwater through to Marina Mirage and Spit; and offers a latte lifestyle of convenience, sunshine, and good times, in an enviable location, amongst the best the Gold Coast has to offer. Light-filled throughout with a generous sized floor plan; it comprises two bedrooms (main with study area and superb outlook), modern bathroom/laundry combo, pleasant kitchen, covered and enclosed balcony, plus secure parking for one vehicle, and lift access from ground floor. Timber floors, split system air-conditioning in living room and master bedroom, direct balcony access from master, timber benches in kitchen, soft close cabinetry, stainless steel appliances, ceiling fans, floor to ceiling tiles in bathroom, and oversized windows – are existing features of note. ‘Carwoola’ is a solid older-style building, only six-storeys high with 26-apartments, in excellent condition, exceptionally well located, with low body corporate fees, super-fast NBN connected and an onsite communal inground pool and BBQ area. It is pet-friendly (subject to body corporate approval) and boasts a premium position without the masses of fees other larger buildings require. It is generally suited to owner-occupiers and permanent rentals while still allowing the excellent option to Airbnb it as the current owner has when not utilising it themselves. The apartment is located just 80-metres to Broadwater Parkland light rail, 120 metres to Sundale Meriton shops, Woolworths, and dining, plus, only 800 metres to Australia Fair Shopping Centre, and a short stroll to tennis, croquet, RSL, and a five-minute walk to Southport CBD. Current rent appraisal is approximately $470 per week, so could suit a location-driven investor OR a sea-changer seeking exceptional convenience, and a fabulous Gold Coast lifestyle that reflects value and boasts water views. Top shelf indeed! Be quick to act in this buoyant market; owners ready to sign contract today!

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
104 m² floor area
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Southport over the last 12 months, the estimated median property value of 25/18 Queen Street is $727.5k.

Median value
$727.5k
Estimated value range
$547.5k - $1.19m
Median days on market
35
Estimated value trend
15%
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 25/18 Queen Street

2024
Rented
Undisclosed
Leased on 28 Sep 2024 by Custom Realty Group
2021
Sold
$375,000
Private Sale/Treaty on 26 Sep 2021 by Peter Brown, of @realty - QLD

Happy sellers in Southport

86%
86% 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 169 reviews in Southport over the last 12 months.

Local market activity for 2 bedroom units in Southport

In the last 12 months, 88 two-bedroom units similar to 25/18 Queen Street, have been sold.

This represents a 1% decrease in two-bedroom units sales when compared to the previous 12 months.

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