41/16-26 Waverley Street
Southport, QLD 4215

Welcome to 41/16–26 Waverley Street, Southport, a top-floor apartment that offers an exceptional combination of comfort, convenience, and investment potential in the vibrant heart of the Gold Coast CBD. This property is situated within a secure, well-maintained three-storey walk-up complex that boasts resort-style amenities including a sparkling swimming pool and a BBQ pavilion, providing an attractive lifestyle for residents and tenants alike.

This apartment is ideal for investors seeking to capitalize on strong rental demand or first home buyers looking for an affordable entry into a high-growth area. The residence features an east-facing balcony that captures abundant natural light and refreshing coastal breezes. Additional north-facing windows in the living area and kitchen further enhance the bright and airy atmosphere throughout the home.

The open-plan kitchen is thoughtfully designed with ample storage and seamlessly flows into the spacious living and dining area, which opens onto a generous private balcony perfect for relaxation or entertaining guests. The oversized master bedroom is well-appointed with direct access to a two-way bathroom and a separate toilet, adding to the functionality of the space.

Additional conveniences include a separate internal laundry equipped with a dryer, air-conditioning, and ceiling fans throughout to ensure year-round comfort. The apartment offers low-maintenance living in a highly sought-after rental and lifestyle location, just moments from Southport’s key amenities.

The location is highly desirable, positioned in the thriving center of Southport with easy access to Australia Fair shopping center, a diverse range of cafes, restaurants, medical facilities, and everyday essentials. The nearby G:link light rail provides seamless connectivity to Surfers Paradise, Griffith University, and Gold Coast University Hospital. For outdoor enthusiasts, the Broadwater Parklands offers stunning waterfront spaces, walking tracks, and recreational facilities.

From an investment perspective, Southport continues to outperform as the Gold Coast’s CBD, driven by ongoing infrastructure development, strong population growth, and high demand. The suburb has experienced consistent unit price growth in recent years, supported by solid rental returns, low vacancy rates, and proximity to major employment and education hubs. This combination of affordability and long-term growth potential makes Southport a standout choice for investors and owner-occupiers seeking future upside and a well-connected coastal lifestyle.

The apartment is currently vacant and ready for immediate occupation or rental. The last rent increase was on 21 December 2025, setting the rent at $540 per week. Current market appraisals estimate rental returns between $600 and $625 per week. Annual council rates are approximately $2,450, water rates are about $400 per quarter, and body corporate fees are approximately $80 per week.

This property represents an outstanding opportunity to secure a low-maintenance, lifestyle-focused apartment in a high-demand location with excellent long-term growth prospects.

Features

• Top-floor apartment in a secure, well-maintained complex
• Resort-style amenities including swimming pool and BBQ pavilion
• Bright, airy layout with east-facing balcony and additional north-facing windows
• Open-plan kitchen with ample storage flowing to living and dining areas
• Spacious living area opening onto a large private balcony
• Generous master bedroom with access to two-way bathroom and separate toilet
• Separate internal laundry with dryer
• Air-conditioning and ceiling fans throughout
• Low-maintenance living in a high-demand rental and lifestyle location