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67 Falconer Street,
Southport 4215, Queensland

3 bedrooms
2 bathrooms
2 car spaces
665m² land size
House

$1,400,000


Property details

Southport Home with Development approval for 9 units

Located in a highly desirable area of Southport, walking distance to all local amenities. This 665m2 block with a 19m street frontage offers a fantastic opportunity for anyone looking to take
advantage of a recently approved development application while receiving a substantial holding income of $660 per week.

Current Dwelling - The home itself is positioned well on a quiet elevated street, with three bedrooms, open plan living, polished timber floorboards, two bathrooms and a large back yard,
perfect for growing families. A fixed term tenancy agreement is in place returning $600 per week with good tenants who are happy to stay on.

DA - Approval for 9 units with the application completed in 2023, offering an astute investor the chance to capitalise on the ever-growing Gold Coast market. Consisting of nine, two-bedroom, two-bathroom units over four levels, this development has just been approved by council with a currency period of six years.

Southport itself stands out as one of the Gold Coast's rapidly expanding neighbourhoods, with numerous local developments and renovations, the recent transformation of the area into a hub of gentrification renders it a highly promising investment for both the present and the future. Properties in Southport are in high demand, reflecting its booming status.

Please call Steve Landeta for a copy of the information memo

Explore the area


School catchments

  • Southport State School Primary Prep-6 Government 0.59km
  • St Hilda's School Combined Prep-12 Independent 0.75km
  • The Southport School Combined Prep-12 Independent 1.3km
  • Mastery Schools Australia - Southport Campus Combined Independent 1.3km
  • Musgrave Hill State School Primary Prep-6 Government 2.0km

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.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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