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Back 5/29 George St
Off Market

5/29 George St

Southport QLD 4215

2
2
2
92 m²
Unit
Last sold for $675,000
Gerald AdamGerald Adam, last sold this property on 28 May 2025 after 114 days on market.

Overview

SOLD by Gerald Adam 0408 157 257

This neat & tidy two-bedroom unit with 2 side by side carparks is in a well-maintained complex and a perfect investment opportunity, offering low maintenance, high rental demand, 5.8% yeild potential and a prime location that is just minutes from Southport CBD, Griffith University, Light Rail, and the Broadwater Parklands. Low body corporate levy and fantastic rental potential at $750 / week (with our seller) , this property will gross yeild approx 5.8% so an ideal addition to my investment portfolio. The unit is move-in ready, with a modern interior, generous storage, and secure gated side by side lock-up basement - plus, it's pet-friendly (subject to body corporate approval), which further enhances its appeal to potential tenants. For the investor, our seller would love to rent back for 12 months or about, Ask the Agent. Features include: • Spacious open-plan living, kitchen, and dining • Modern kitchen with stainless steel appliances • Main bedroom with ensuite and north aspect • Spacious second bedroom and bathroom • Separate laundry • Private outdoor patio seamlessly connected to the kitchen and dining area • Secure lock-up garage featuring two side-by-side car spaces and additional storage • Quiet, small block of apartments with low body corporate fees • Pet-friendly (subject to body corporate approval) • High rental demand in the area Exceptional location just minutes from Southport CBD, Light Rail, Griffith University, Gold Coast Hospital, and the Broadwater, offering unbeatable convenience and easy access to all the best amenities Southport and the Gold Coast has to offer. Close to: • Southport High School (1.8km approx.) • St Hildas School (1.4km approx.) • Queen Street Light Rail Station (1.8km approx.) • Gold Coast Aquatic Centre (1.2km approx.) • Southport State School (2.5km approx.) • Broadwater Parklands (1.5km approx.) • Australia Fair Shopping Centre (1.3km approx.) • Gold Coast University Hospital & Medical Precinct (3.2km approx.) • Griffith University Gold Coast Campus (3.1km approx.) Whether you're looking for a solid investment in a growth suburb or your very first home, this modern 2-bedroom unit is an opportunity you should not miss. Click on Enquire Now for inspection times and FAQ on this property. Disclaimer: We have used our best endeavors in preparing this information to ensure that the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information and suitability of the property for their needs that is contained herein. Photos may have been digitally enhanced for improved appearance and buyer experience.

Features

2 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
92 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 5/29 George St is $721k.

Median value
$721k
Estimated value range
$547.5k - $1.19m
Median days on market
35
Estimated value trend
17%
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 5/29 George St

2025
Sold
$675,000
28 May 2025 by Gerald Adam, of PRD Southport
2021
Sold
$380,000
01 Aug 2021 by Jaime-Lee Lindfield, of Ray White Southport

Happy sellers in Southport

88%
88% 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 177 reviews in Southport over the last 12 months.

Local market activity for 2 bedroom units in Southport

In the last 12 months, 85 two-bedroom units similar to 5/29 George St, have been sold.

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

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Lana Faulkner

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Ben Latimer

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