38/138 High Street

Off Market

38/138 High Street

Southport QLD 4215

108 m²

Unit

Alex McCormack, last sold this property on 20 September 2026 after 52 days on market.

Overview

Oversized North-Facing Apartment with Long Lease in Resort-Style Complex

Positioned in one of the quietest locations within the highly sought-after Kensington on the Park, this exceptionally spacious two-bedroom apartment presents an outstanding opportunity for investors seeking immediate income and long-term growth. Set privately at the rear of the complex with a desirable north-facing aspect, the apartment offers an expansive floorplan of almost 100m², providing generous proportions rarely found in today's apartment market. The oversized lounge and dining area flows seamlessly onto a large entertaining balcony, creating the perfect indoor-outdoor living space filled with natural light. At the heart of the home is a well-appointed kitchen offering excellent bench space and storage, overlooking the living areas to create a practical and social layout. The spacious master suite enjoys its own private balcony, ensuite and built-in wardrobe, while the second bedroom is well separated and serviced by the main bathroom. A separate internal laundry further enhances the functionality of the floorplan. Adding to the appeal is secure tandem parking for two vehicles and a quality tenant already in place, paying $700 per week on a lease until 27 March 2027, providing immediate rental income from day one. Property Features: - Nearly 100m² of internal living - Large two-bedroom, two-bathroom apartment - Quiet rear position within the complex - Desirable north-facing aspect - Huge open-plan lounge and dining area - Spacious kitchen with excellent storage and bench space - Master bedroom with private balcony and ensuite - Second balcony flowing from the living area - Separate internal laundry - Air-conditioned living area - Secure tandem parking for two vehicles - Long-term tenant paying $700 per week until 27 March 2027 Residents of Kensington on the Park enjoy outstanding resort-style facilities including: - Two swimming pools - Heated spa - Sauna - BBQ and entertaining area - Secure basement parking - Professional on-site management Located only moments from the Broadwater Parklands, Australia Fair Shopping Centre, the Gold Coast Light Rail, Griffith University, Gold Coast University Hospital, schools, cafes and the Southport CBD, this is a blue-chip investment in one of the Gold Coast's strongest growth precincts. Whether you're looking to strengthen your investment portfolio with immediate rental returns or secure a quality apartment in one of Southport's most popular complexes, this oversized residence represents exceptional buying.

Features

2 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

108 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 38/138 High Street is $750k.

Median value

$750k

Estimated value range

$600k - $1.19m

Median days on market

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 38/138 High Street

2026

Sold

Undisclosed

20 Sep 2026 by Alex McCormack, of LJ Hooker Southport

Happy sellers in Southport

85%

85% 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 119 reviews in Southport over the last 12 months.

Local market activity for 2 bedroom units in Southport

In the last 12 months, 80 two-bedroom units similar to 38/138 High Street, have been sold.

This represents a 16% increase in two-bedroom units sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Southport for a free market appraisal.

Clare Brettell

at Ray White Southport

4.7

(54 reviews)

Get a free market appraisal

Tanja Carson

at Ray White Main Beach

(28 reviews)

Get a free market appraisal

Georgia Tritton

at Coastal Broadbeach

4.9

(125 reviews)

Get a free market appraisal

Alex McCormack

at LJ Hooker Southport

4.9

(264 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Southport

Clare Brettell

Sellers who recommend Clare Brettell have praised them for being local expert, clear communication, responsive, well-prepared, reliable, easy to work with and honest

4.7 (54 reviews)
18 Reviews in Southport
40 Sales in Southport

View profile

Tanja Carson

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

5 (28 reviews)
12 Reviews in Southport
12 Sales in Southport

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Georgia Tritton

Georgia Tritton is an award winning recommended agent for Southport. They have 34 local sales and collected 9 local reviews across the last 12 months.

4.9 (125 reviews)
9 Reviews in Southport
34 Sales in Southport

View profile

Alex McCormack

Sellers who recommend Alex McCormack have praised them for being clear communication, local expert, responsive, honest, reliable, supportive and friendly