1/2 Musgrave Avenue
Southport, QLD 4215

Positioned on the peaceful banks of Loders Creek, this charming Queenslander offers a lifestyle that truly feels a world away. With direct water access from your backyard, mornings can be spent fishing, crabbing or paddleboarding straight from your doorstep, while easy access to the Broadwater makes this an exceptional opportunity for those who love life on the water. Add to this direct access to Hibbard Park at the rear and the ability to stroll to the cafes, bars and restaurants of Chirn Park, and you have a lifestyle that is both relaxed and incredibly convenient.

Previously configured as separate upstairs and downstairs residences, the home presents a fantastic opportunity for investors seeking strong dual-income potential, while also perfectly suiting owner-occupiers looking to offset their mortgage with passive income.

Upstairs features two bedrooms, a recently renovated bathroom, a spacious galley-style kitchen, separate laundry, beautiful original timber floors, soaring high ceilings and a full-width verandah overlooking the creek - the perfect place to unwind and enjoy the outlook. Estimated rental return is available but unspecified.

Downstairs has been thoughtfully set up as an oversized studio-style retreat, occupying the entire lower level. Featuring impressive 2.75m ceilings, polished concrete floors, air conditioning and French doors opening onto an entertaining area by the water, it offers a private and inviting space with excellent rental appeal. Rental appraisal is approximately $550 per week.

Whether you are an investor searching for a positively geared opportunity, or someone dreaming of a unique waterfront lifestyle where every day feels like a holiday, this is a property that offers something truly special.

Disclaimer: All information including but not limited to the property area, floor size, price, address, and general property description is provided as a convenience and has been provided by third parties. Accuracy cannot be definitively attested. Users should conduct their own enquiries and seek legal advice where required. Prices displayed are current at the time of issue but are subject to change.