135 Falconer Street, Southport, QLD 4215

135 Falconer Street, Southport, QLD 4215
An Entire Block Of Four Townhouses On Separate Titles Over 1,151m2 - Must Be Sold On Or Before Auction Day!

Situated in a highly sought after pocket of Southport is this block of four townhouses on a massive 1,151m2 allotment. This is an extremely rare opportunity to purchase four separately titled properties with a strong rental return offering a great investment opportunity.

Boasting 3 x 4 bedroom and 1 x 3 bedroom townhouses all with open plan living and dining areas which adjoin a large kitchen which all open out to a secure courtyard. All bedrooms are upstairs with ensuites and additional bathrooms with a separate laundry. All townhouses have their own carports which have the opportunity to turn into fully enclosed garages. This block is fully leased for immediate returns plus the confidence of remaining a strong investment with vacancy rates at 0.7% throughout Southport.

All this, only moments to The Southport School, St Hildas, multiple shopping centres including Ferry Road Markets, Queen Street Village, Via Roma and Southport Park, the dining and entertaining precincts of Southport, Isle of Capri and Sorrento plus a short drive to the Gold Coast's most famous beaches. Inspect this property today, as it certainly will not last long!

Current Leases & Outgoings:

Unit 1 - $620/week till 06/07/2025 - ($32,240/year)

Current Rental Appraisal - $780-$830

Council Rates - $2,544.25pa

Water Rates - $1,373.60pa

Unit 2 - $640/week till 03/07/2025 - ($33,280/year)

Current Rental Appraisal - $780-$830

Council Rates - $2,544.25pa

Water Rates - $1,506.92pa

Unit 3 - $640/week till 06/09/2025 - ($33,280/year)

Current Rental Appraisal - $780-$830

Council Rates - $2,544.25pa

Water Rates - $1,640.72pa

Unit 4 - $600/week till 28/09/2025 - ($31,200/year)

Current Rental Appraisal - $700-$750

Council Rates - $2,544.25pa

Water Rates - $1,964.88pa

Rental Projection (Appraisal): $3,125/week - $162,500/year

Total Gross Return: $2,500/week or $130,000/year

Total Outgoings: $320.44/week or $16,663.12/year

* Owners state all written offers will be considered prior to auction

* Buy four separately titled townhouses

* Presents excellent value in a blue chip location

* Great position situated on a large 1,151m2 block

* Sensational investment opportunity with renovation potential

* 4 x 3-4 bedroom townhouses currently returning $130,000 p.a.

* Low maintenance property in a peaceful neighbourhood

* Excellent location very close to local amenities

* Golden opportunity - Inspect today!

Location:

Southport State School - 0.6km

Gold Coast Light Rail Stop - 0.9km

St Hildas School - 1.3km

Ferry Road Markets - 1.7km

Keebra Park State School - 1.8km

Southport CBD - 1.9km

The Southport School - 2.1km

Australia Fair Shopping Centre - 2.1km

Broadwater Parklands - 2.2km

Southport Park Shopping Centre - 2.6km

Gold Coast Private Hospital - 3.1km

Griffith University - 3.3km

Gold Coast University Hospital - 3.7km

Main Beach - 4.1km

Marina Mirage - 4.6km

Surfers Paradise - 4.9km

Pindara Private Hospital - 5.5km

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.