10/124 Queen Street, Southport QLD 4215

Top floor | small boutique block | light rail 400m | dual car space rare | 2 bath functional layout The buying case rests on a top-floor position in a low-density block of eleven, which provides uncommon privacy and balcony scale in a market where most units share walls on three sides. The dual car accommodation, though inconsistently documented, is a genuine scarcity in Southport’s apartment stock and directly improves re-sale differentiation. The two-bathroom configuration with separate living zones suits both owner-occupiers seeking space and investors targeting the professional tenant demographic drawn by light rail proximity. For a first-home buyer or downsizer, the 86–103m² internal area offers a rare alternative to newer, smaller product in the same price tier. The primary risk is the building’s 1995 vintage, which may carry higher sinking fund obligations or unrenovated common areas that a buyer cannot control. The current asking price sits above the estimated $655,000 value, and the urgent sale instruction signals vendor pressure but does not guarantee a discount—due diligence on comparable sales in the same complex is essential. The opportunity lies in the 120% five-year unit growth in Southport, which suggests this location absorbs value well over time. Hold this property as a long-term residential investment or occupy it to capture lifestyle amenity without paying a premium for new-build finishes.