Two properties on a corner block, What an opportunity !!!

Southport Investment opportunity that won't last long with great corner frontage on High and Walton Streets Southport with two great dwellings only 3 klms from Griffith University and Southport Hospital, three blocks from Australia Fair and two blocks from the Broadwater. This is a Classic Queensland property.

Tenancy 1
The house has the hallmarks of a property of this era estimated to be around 1930ish. High ceilings, timber floors and walls and french doors. With three bedrooms, sunroom, lounge, spacious front entrance foyer, large eat in kitchen, it is currently under rented at $480pw. It also features a lock up tandem garage under with a large workshop area. There is a self contained, one bedroom granny flat underneath the house. An outdoor laundry, fully fenced garden and covered patio complete the house amenities.

Tenancy 2
A character filled Railway cottage at the rear of the property has its own entrance from Walton Street and lock up yard with off street parking. It has two bedrooms plus a enclosed sleepout, lounge, kitchen/dining, bathroom, separate toilet and newly polished floors throughout. The outdoor covered patio is great for entertaining. The laundry is just off the covered patio. The cottage is currently rented at $380pw.
With a total combined income of $860pw as well as a corner block, this property has huge potential for future development.

Land size : 539m2
Rates: Land approx $2300.00 pa Water (not separately metered) approx $2400 pa.
Tenancies:
House is tenanted till Jan 2023
Back unit is tenanted till Sept 2022

Call Darren Davey
0404 488 911

Explore the area

School catchments

Southport State High School Secondary 7-12 Government 0.69km
Mastery Schools Australia - Southport Campus Combined Independent 0.90km
St Hilda's School Combined Prep-12 Independent 1.1km
The BUSY School - Southport Campus Secondary Independent 1.4km
Musgrave Hill State School Primary Prep-6 Government 1.4km
Southport State School Primary Prep-6 Government 1.5km
Labrador State School Primary Prep-6 Government 1.9km
Queensland Academy for Health Sciences Secondary 10-12 Government 2.6km
The Southport School Combined Prep-12 Independent 2.7km
Guardian Angels' Catholic Primary School Primary Prep-6 Catholic 2.8km
Keebra Park State High School Secondary 7-12 Government 3.0km
Aquinas College Secondary 7-12 Catholic 3.0km
Biggera Waters State School Primary Prep-6 Government 3.7km
Bellevue Park State School Primary Prep-6 Government 4.2km
Ashmore State School Primary Prep-6 Government 4.3km
Arundel State School Primary Prep-6 Government 4.4km
Trinity Lutheran College (Cotlew Street Campus) Primary Independent 4.6km
Coombabah State High School Secondary 7-12 Government 4.9km
Trinity Lutheran College Combined Prep-12 Independent 5.0km
St Kevin's School Primary Prep-6 Catholic 5.3km
Benowa State High School Secondary 7-12 Government 5.4km
St Francis Xavier School Primary Prep-6 Catholic 5.6km
A B Paterson College Combined Prep-12 Independent 5.9km
Australian International Islamic College - Carrara Campus Combined Independent 7.0km
Emmanuel College Combined Prep-12 Independent 7.4km
Mastery Schools Australia Combined Independent 7.4km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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