1 Mal Burke Street, Southport QLD 4215
1 Mal Burke Street, Southport QLD 4215
Duplex pair on compact lot | dual-income potential | high parking and storage | private pool | strong Southport rental demand
This property presents a rare configuration in a tightly held suburb, offering two mirrored units on a single title with dedicated studies, six car spaces, and a private pool. For an investor or owner-occupier seeking dual-income capacity, the setup delivers a clear positional advantage over standard houses or townhouses in the area. The combination of high parking, storage, and private outdoor amenity on a 110m² lot is unusual and strengthens its appeal to tenants and future buyers alike.
The primary risk lies in the compact land size, which limits future subdivision or significant value-add. The property last traded in 2015, and the current rental listing at $1,500 per week may reflect a single unit rather than the full duplex—requiring verification of total income potential. For a buyer, the opportunity is in acquiring a rare duplex pair in a high-demand rental corridor, where dual occupancy can offset holding costs and provide a buffer against vacancy.
Detailed Independent Property Report prepared by PropCred Analyst team for 1 Mal Burke Street, Southport QLD 4215
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Southport is a key Gold Coast business hub, with demand driven by young professionals and constrained housing supply. House prices have surged (up ~18% annually), with a severe shortage of new stock against strong sales. Units offer more supply and higher yields (~5%), serving as an affordable coastal entry point. Future growth is anchored by the expanding Health & Knowledge Precinct, though house affordability remains a key constraint.
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PropCred Estimated Value
Bedrooms
6
Bathroom
4
Parking
6
Land
110m²
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