2/97 Johnston Street, Southport QLD 4215

Modern 3-bedroom townhouse | Central Southport location | Near-new configuration with study | Strong rental potential This property presents a compelling buying case for those seeking a near-new, low-maintenance residence in a well-connected Gold Coast suburb. The three-bedroom, three-bathroom layout with a study and double garage is a rare configuration in this price segment, offering genuine flexibility for professionals or small families. The absence of flood, bushfire, or heritage overlays reduces long-term holding risk, while the modern townhouse design and 168m² land component provide a solid balance of space and convenience. It is best suited to buyers who prioritise a turnkey property with strong rental fundamentals over a larger standalone house. The primary risk is the asking price sitting notably above automated value estimates and recent comparable sales, including a similar townhouse in the same complex that sold for significantly less. This suggests careful negotiation is warranted, and a thorough review of body corporate fees is essential. However, the near-new condition and central location offer upside if market conditions strengthen, and the rental estimate of around $1,000 per week provides a reasonable buffer for investors. The property’s positioning as premium modern stock in a residential zone with no major overlays gives it a clear advantage over older, higher-risk alternatives in the area.