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Overview
Prime Investment Portfolio - 6 Units - Land area 782 m2
This exceptional property presents a rare investment opportunity comprising six self-contained units located in the heart of Southport. The portfolio offers a strong rental demand with immediate income generation and excellent tenant appeal due to its proximity to the Central Business District, Broadwater, public transport, and local shops.
The land area spans 728 square meters, providing a substantial footprint for this multi-unit complex. This investment is ideal for those seeking diversified cash flow through multiple tenancies, which helps mitigate vacancy risk.
Key investment highlights include:
- Established cash flow from six separate tenancies, reducing the risk associated with single-tenant vacancies.
- Prime location close to employment hubs, educational institutions, and leisure precincts, enhancing tenant attraction and retention.
- Potential for value enhancement through cosmetic refurbishments and rental optimization strategies to increase yield.
- Suitable for investors, portfolio buyers, or developers looking to consolidate assets in a sought-after area.
Property features include:
- Six units, each featuring open-plan living areas, kitchens, bathrooms, built-in storage, and private balconies, offering comfortable and functional living spaces.
- Undercover parking spaces allocated for each unit, providing convenience and security for tenants.
- Easy access to public transport options, cafes, and waterfront recreational areas, contributing to the lifestyle appeal of the location.
Additional information:
- Annual council rates are approximately $12,519.28.
- Quarterly water rates are approximately $974.95.
Tenancy details are as follows:
- Unit 1: $550 per week, lease expiry 29 July 2026.
- Unit 2: $450 per week, lease expiry 13 November 2026.
- Unit 3: $450 per week, lease expiry 4 September 2026.
- Unit 4: $450 per week, lease expiry 2 October 2026.
- Unit 5: $560 per week, lease expiry 5 March 2027.
- Unit 6: $620 per week, lease expiry 28 August 2026.
This portfolio offers a compelling opportunity to acquire a well-located, income-producing asset with scope for future growth and development.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Southport QLD 4215
Market Insights for Southport QLD 4215
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