Back 8 Cotlew Street
Off Market

8 Cotlew Street

Southport QLD 4215

3
1
1
640 m²
House
Last sold for $720,000
Mark RustinMark Rustin, last sold this property on 23 February 2022 after 90 days on market.

Overview

Entry Level Home in Ultra Convenient Location

The instructions from our sellers are clear - This property must and will be sold. To avoid disappointment, please don't hesitate to make contact on 0415 854 252. Situated in one of Southport's most central pockets, this original brick and tile home offers the perfect opportunity to break into the hotly contested and sought-after Gold Coast property market. Perched on a 640 sqm block this home offers a great blank canvas for those looking a solid single level home that can be renovated and improved to realise outstanding capital growth. Additionally, for those seeking a block of land to build their dream home, this might be just the one you have been seeking. As an investment, this property is expected to achieve a rental income of approx. $550 - $600 per week. Situated within close proximity to Ferry Road Markets, Southport Park Shopping Centre, TSS Private School, St Hilda's Private School, Gold Coast TAFE Benowa, Gold Coast University Hospital and public transport, this property is well positioned to enjoy all that the Gold Coast offers. Property Specifications: • Central inner-city location with access to major infrastructure • 3 bedrooms with built-ins • Main bathroom with separate powder room • Living room and dining room • Galley style kitchen • Huge backyard - The perfect blank canvas to create something special • Covered off street parking • Secure front fence - safe for kids and pets • Short walk to TSS Private Schools • St Hilda's Private School is a short 5-minute drive. • Short walk to Southport Park Shopping Centre and Ferry Road Market foodie precinct • Short drive to HOTA and Gold Coast Turf Club • 5-minute drive to Chevron Island restaurant precinct • Approx. 3 km's to Surfers Paradise Beach Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracy, or misstatements that may occur. Prospective purchases should make their own enquiries to verify the information contained herein.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
640 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Southport over the last 12 months, the estimated median property value of 8 Cotlew Street is $1.15m.

Median value
$1.15m
Estimated value range
$105k - $3.1m
Median days on market
28
Estimated value trend
13%
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 8 Cotlew Street

2022
Rented
Undisclosed
Leased on 22 Mar 2022 by Coastal Broadbeach
2022
Sold
$720,000
23 Feb 2022 by Mark Rustin, of Coastal Broadbeach

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 167 reviews in Southport over the last 12 months.

Local market activity for 3 bedroom houses in Southport

In the last 12 months, 90 three-bedroom houses similar to 8 Cotlew Street, have been sold.

This represents a 12% increase in three-bedroom houses sales when compared to the previous 12 months.

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