11/18 Garden Street, Southport, Qld 4215 - More Details
Auction
Positioned just moments from the Broadwater, this is a smart entry into one of Southport's most tightly held lifestyle pockets.
For buyers who have been priced out of larger or fully renovated apartments nearby, this opportunity offers a clear alternative. Secure a well-located property at an accessible price point, with the flexibility to add value over time and make it your own.
With a current rental appraisal of $650–$700 per week and low body corporate of around $44 per week, the fundamentals here are hard to ignore. The numbers already stack up well, with further upside available through cosmetic improvements over time.
Now vacant and ready for immediate inspection, the apartment offers a functional layout with good natural light and separation between living and sleeping zones. Whether you choose to move straight in, lease it out, or gradually enhance the space, the fundamentals here are strong.
Buyers have consistently compared this property to higher-priced alternatives in the area. That's exactly where the opportunity lies. For a relatively modest difference, those properties may offer more features, but at a significantly higher entry point. This is your chance to secure the location first, and improve the rest at your own pace.
Who This Suits
++ Investors seeking strong yield with low ongoing costs
++ Buyers looking to secure an asset ahead of potential tax changes
++ Renovators looking for a straightforward value-add opportunity
Property features
++ Top-floor position in walk-up building (no lift)
++ North-facing undercover balcony
++ Quiet rear-of-building location
++ Updated kitchen with oven, cooktop and tiled splashback
++ Renovated bathroom with frameless shower + separate toilet
++ Polished concrete floors throughout
++ Oversized lock-up garage with laundry + storage
++ Secure intercom entry
++ Gated complex
++ Air conditioning + ceiling fans
++ Small entry servicing only two apartments per floor
Numbers
++ Body corporate levies $44.15 per week
++ Sinking fund $42,168.96 as of 28/4/26
++ Rental appraisal $650-$700 per week
++ 11 units in building
Location highlights
++ Walk to Broadwater parklands
++ Walk to G-link light rail
++ Close to shopping, dining and services
++ Central CBD position
Set within close proximity to the Broadwater, parks, cafes, and transport, the lifestyle on offer remains a key driver of long-term demand.
Save. Share. Get in touch. Ben Fisher 0448 884 614
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- Type
- Unit
- Bedrooms
- 2
- Bathrooms
- 1
- Parkings
- 1
- House Size
- 66 m²
