Sold

1108/59 Meron Street,
Southport 4215, Queensland

1 bedroom
1 bathroom
1,381m² land size
Unit

$675,000


Property details

LIQUIDATING ASSET - PRESENTING A GREAT OPPORTUNITY

CALLING INVESTORS OR FIRST HOME BUYERS
Welcome to one of Southport's newest developments by Tryp Wyndham. A great investment opportunity designed for strong, consistent rental returns. Currently achieving approximately $2,101 per month, this property offers an attractive yield in a high-demand location.

Positioned on the 11th floor, the apartment is flooded with natural light with views of the Gold Coast hinterland. The spacious open-plan living and kitchen area is tailored for comfort and convenience, all within close proximity to cafés, restaurants, supermarkets, and public transport.

This is a true set and forget investment, offered fully furnished with flat-screen TVs, fridge, washing machine, dryer, and quality furniture-allowing for immediate leasing or move in ready home with minimal upfront costs. With low body corporate fees and affordable annual outgoings, the numbers stack up for investors looking to maximise returns while minimising expenses.

The owners are reallocating funds, and this property must be sold on or before auction-presenting a rare opportunity to secure a high-yield asset in a tightly held pocket of Southport.

Features Include:
• Low body corporate fees at $115.00 approx per week
• Furnished with everything you can see in the apartment
• Open plan living with floor to ceiling windows
• Master bedroom with mirrored wardrobes, private access to the balcony
• Spacious kitchen with stone benchtops, gas cooktop & dishwasher
• Private residents' lounge, concierge & valet parking available
• Secure building & car parking with swipe access and intercom
• Resort-style rooftop amenities, including Pilates classes, pool, BBQ area Gym and sauna

If your looking for a low maintenance hotel lifestyle or a strong return on investment. This is an unmissable opportunity that does not come up often. The property must be sold. Please contact Brooke directly on 0413 785 868.

Disclaimer: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.

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.

Explore the area


School catchments

  • St Hilda's School Combined Prep-12 Independent 0.66km
  • Mastery Schools Australia - Southport Campus Combined Independent 0.97km
  • The Southport School Combined Prep-12 Independent 0.99km
  • Southport State School Primary Prep-6 Government 1.2km
  • Musgrave Hill State School Primary Prep-6 Government 2.4km

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.


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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