1106/1 Como Cres, Southport QLD 4215
1106/1 Como Cres, Southport QLD 4215
North-east aspect | 138sqm internal | full-length balcony with Broadwater view | tightly held Meriton tower in Southport coastal precinct
This unit’s competitive edge lies in its size and orientation: 138sqm internal is rare for a two-bedroom apartment in this precinct, and the north-east aspect with uninterrupted Broadwater and ocean views from floor-to-ceiling glass provides a positional advantage that is difficult to replicate. The full-length balcony extends the living area outdoors, effectively increasing usable space. Ducted air-conditioning throughout adds comfort consistency. The property sits within the Brighton on Broadwater community, which offers resort-style amenities including indoor and outdoor pools, spa, sauna, and gym. This configuration best suits a buyer seeking a primary residence with strong lifestyle appeal, or a downsizer prioritising space and view over proximity to the surf. The location adjacent to a shopping and dining precinct with Woolworths, medical services, and light rail access reduces car dependency for daily errands. FTTP internet is available, supporting remote work capability.
The primary risk is the absence of recent sales history and strata information in the available data, which means the buyer must verify body corporate fees, sinking fund health, and any upcoming special levies before proceeding. The property is priced at the upper end of the two-bedroom market in Southport, and without comparable sales, the buyer may lack negotiating leverage. The opportunity lies in the property’s rarity: tightly held units in this tower with this view and floor area seldom come to market, and the location benefits from ongoing precinct development. The buyer should request a private inspection and recent comparable sales from the agent, and consider holding the property as a long-term residence where lifestyle value offsets any premium paid.
Detailed Independent Property Report prepared by PropCred Analyst team for 1106/1 Como Cres, Southport QLD 4215
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
1
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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
2
Bathroom
2
Parking
1
Land
1.45 acres
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