Rare opportunity: six self-contained units in central Southport. Strong rental demand, immediate income, and excellent tenant appeal near the CBD, Broadwater, transport and shops.
Land area: 728m²
Investment highlights:
• Ready-made cashflow: multiple tenancies diversify vacancy risk.
• Prime location: close to employment, education and leisure precincts.
• Value-add upside: cosmetic refurbishments and rental optimisation can increase yield.
• Ideal for investors, portfolio buyers or developers consolidating assets.
Property features:
• Six units: open-plan living, kitchen, bathroom, built-in storage, private balconies.
• Undercover car parks for each unit.
• Convenient access to public transport, cafes and waterfront recreation.
Key information:
• Rates: $12,519.28 per anually approx.
• Water: $974.95 per quarter approx.
Tenancy information:
• Unit 1 - $550 per week, lease expiry 29/07/2026
• Unit 2 - $450 per week, lease expiry 13/11/2026
• Unit 3 - $450 per week, lease expiry 04/09/2026
• Unit 4 - $450 per week, lease expiry 02/10/2026
• Unit 5 - $560 per week, lease expiry 05/03/2027
• Unit 6 - $620 per week, lease expiry 28/08/2026