38/138 High Street, Southport, QLD, 4215

Under Offer

38/138 High Street, Southport, QLD, 4215

Offers Over $725,000

108 m²

Unit

•

30+ days on the market

What's around 38/138 High Street

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.