22509/5 Lawson Street, Southport QLD 4215
22509/5 Lawson Street, Southport QLD 4215
25th floor north-facing Broadwater view | dedicated study in a 2-bed | resort complex in Southport CBD | body corporate cost is material
This unit sits well above typical Southport stock. The 25th floor north aspect delivers a view that most apartments in the suburb simply do not have — open water across the Broadwater toward Runaway Bay and North Stradbroke Island. That alone sets it apart. The separate study adds genuine function for someone working from home or needing a third zone without paying for a third bedroom. The interior has been refreshed with new flooring, blinds, and paint, so it presents as move-in ready. The building itself offers three pools, gyms, and secure parking, which is expected in a high-rise but not always at this quality level. This property suits a professional working in the Gold Coast CBD who wants a lock-and-leave home with water views, or an investor targeting the premium end of the rental market where tenants pay for floor level, aspect, and amenity.
The body corporate fees are a meaningful cost and should be factored into any yield or holding calculation. At roughly $125 per week, they reduce net return noticeably compared to a low-rise unit with fewer facilities. The single car space may be limiting for a household with two vehicles, especially in a CBD location where street parking is tight. The unit is on a high floor, which means wind exposure on the balcony and potentially higher cooling costs despite the ducted air conditioning. The land component is minimal, so capital growth will depend more on the building’s ongoing appeal and the suburb’s demand for high-floor apartments than on land scarcity. These factors do not undermine the property’s strengths, but they shape what a sensible buyer should pay.
Detailed Independent Property Report prepared by PropCred Analyst team for 22509/5 Lawson Street, Southport QLD 4215
Checks found:
Value Risk
✕
2
Liquidity Risk
✕
2
Planning Risk
✕
2
Income Risk
✓
Execution Risk
✓
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.
PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
1.27 acres
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