9/18 Queen Street Southport QLD 4215

2 bed unit in boutique block|104m² internal|1975 build|Est $717k value| $660pw rent|Central Southport position. This two-bedroom unit with 104m² of internal space on a 1820m² strata lot suits downsizers or investors eyeing reliable rental returns near the Broadwater and Australia Fair. Built in 1975, it delivers straightforward apartment living with one bathroom and secure parking, ideal for those prioritising convenience over luxury. Positioned in a small boutique complex on Queen Street, it benefits from immediate proximity to public transport and shopping without the density of larger high-rises nearby. Buyers drawn to similar two-bedroom flats here typically include retirees seeking low-maintenance holdings or first-time investors tapping into steady tenant demand from local workers and students. Comparable units in the building, like a 2/1/1 sold for $640k after three years with 15% annual growth, underline solid capital performance for entry-level stock. Rental estimates of $605-$715 weekly reflect its appeal in a market where central Southport apartments hold firm yields around 6%. Free from flood, bushfire or heritage overlays, the property sidesteps common risks, enhancing its insurability and resale ease. Long-term, its school catchments and NBN connectivity position it well for enduring demand amid Gold Coast’s population growth, offering quiet holding value without renovation pressures.