5 Melrose Place, Southport, QLD 4215

For sale

$1,199,000

Boarding House great return 7% net

Do not miss this opportunity!

Great Investment property & Great return net 7% with the potential to increase.

• This property delivering the unique boarding house completion of 6 bedrooms fully furnished, completely renovated to a high standard.

• Ready to make money straight away.

• Fully long term Tenants

• Each unit have own Kitchen & Bathroom

• Sollar panel system

• Close to Griffith University, Gold Coast Hospital, walking distance to G- link & Transport.

Please contact Arshareeya on 0452295995

Arshareeya Wajadee

Property Info:

Property ID: L1384893
Property Type: BlockOfUnits
Garages: 6
Land Area: 730.0 sqm

We Know Your Area

R&H Suburb Profile: Southport

Learn more about Southport

R&H Suburb Summary	Houses
Number of sales	266
Average Price	$670,015
Median Price	$567,500
Median Rental Price	$500 p.w.
Change in Rental Rate (5yr)	16 %

R&H Suburb Summary	Units
Number of sales	583
Average Price	$431,619
Median Price	$360,000
Median Rental Price	$395 p.w.
Change in Rental Rate (5yr)	13 %

Southport, QLD - Median Trend

Schools closest to 5 Melrose Place, Southport

School name	Address	Type	Sector	Distance
Southport State School View Website	215 Queen Street Southport QLD 4215	Primary	Government	0.55 km
Southport Special School View Website	2 Nakina Street Southport QLD 4215	Special	Government	0.58 km
Southport State High School View Website	75 Smith Street Southport QLD 4215	Secondary	Government	0.65 km
Musgrave Hill State School View Website	Nakina Street Southport QLD 4215	Primary	Government	0.7 km
St Hilda's School View Website	52 High Street Southport QLD 4215	Combined	Non-Government	1.11 km