The Pitch:
Welcome to 7/15 Lather Street, Southport a well-positioned, two bedroom unit that offers a rare opportunity to secure an affordable property in one of the Gold Coast's most convenient and sought after locations. Tucked away on the third floor of a quiet, boutique complex, this residence provides a solid foundation for first home buyers, savvy renovators or astute investors looking to add value and reap long-term rewards.
Step inside to a spacious, open plan living and dining area that captures natural light and allows for easy everyday living. With a private, north east facing balcony seamlessly connecting to the living area, this space offers the perfect atmosphere to relax and soak in the coastal breeze. The kitchen is functional and well-laid out, providing ample storage and bench space. Complete with modern appliances and a convenient pass through, this space offers versatility for all meals and occasions.
Both bedrooms feature spacious built in wardrobes and large windows for maximum sunlight, offering comfort and convenience for the whole family. The generously sized bathroom is thoughtfully laid out and well presented, featuring a large shower, spacious vanity with ample storage and timeless finishes. Offering practical everyday use of a great foundation with plenty of potential to add value and modernise down the track if desired.
Added conveniences of this residence include air conditioning to the main living area, ceiling fans, secure car port and separate internal laundry.
The Details:
- Spacious open-plan living and dining area, flowing to a private balcony
- Practical kitchen with ample bench space and storage
- Two well sized bedrooms, both with built-in wardrobes
- Neat and tidy bathroom with timeless finishes throughout
- Separate laundry
- Secure car parking in private car port
- Low body corporate fees
The Location:
Perfectly positioned in the heart of Southport, this property offers an enviable lifestyle where convenience is key. Enjoy a short walk to the Broadwater Parklands, the bustling Southport CBD, and the Gold Coast Aquatic Centre. The area is well-serviced by multiple means of public transport, making commuting a breeze.
Southport's thriving retail, dining and entertainment precincts are just moments away, including Australia Fair Shopping Centre, and popular cafes and restaurants. The beautiful beaches of Main Beach and Surfers Paradise are only a short drive away, making this location ideal for those seeking both a coastal and urban lifestyle. With low body corporate fees and a strong rental market in the area, this unit offers a compelling entry point for buyers looking to secure a piece of Southport, one of Gold Coast's best-performing suburbs. With Vacancy rates sitting at just 0.7% and rent for units increasing 10.2% in the past 12 months, 7/15 Lather Street delivers an ideal blend of lifestyle, affordability, demand, and projected future growth.
The Investment:
- Currently rented for $580 per week until 07/11/2025
- Current rental appraisal: Approximately $600 - $620 per week
- Date of last rental increase: 05/11/2024
- Council rates: Approximately $1,300 half yearly
- Water rates: Approximately $350 per quarter
- Body Corporate: Approximately $50 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.
