701/50 Marine Parade, Southport QLD 4215
701/50 Marine Parade, Southport QLD 4215
High floor | east-facing Broadwater views | fully renovated | premium building amenities | busy central location
This is a genuinely uncommon configuration for Southport. Most two-bedroom apartments in the suburb are older, smaller, or inland, but this one sits on the seventh floor with an east aspect over the Broadwater and city skyline, fully renovated with high-end finishes. The combination of panoramic water outlook, floor-to-ceiling windows, a full-sized laundry, ducted cooling, and secure parking in a building with three fast lifts, on-site management, a generator, and visitor parking places it well above the median for its type. It suits owner-occupiers wanting low-maintenance waterfront living, downsizers seeking amenity and security, or investors targeting rental appeal from proximity to hospitals, universities, the tram, and the Broadwater Parklands. The building’s institutional-grade features add a layer of resilience that older blocks lack.
A few factors may influence how value is assessed here. The property sits in a busy central Southport environment, so traffic and density are real considerations for some buyers. The building’s age is not stated in available records, which means the quality of common property, strata levies, and sinking fund position are unknowns worth verifying. The land area is reported inconsistently across sources, and no flood or coastal hazard overlay information is available. These gaps do not suggest a problem, but they are the kind of details a buyer should clarify before forming a final view on price. The renovation quality and view exposure are strong anchors, but the broader building context matters just as much.
Detailed Independent Property Report prepared by PropCred Analyst team for 701/50 Marine Parade, Southport QLD 4215
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
!
1
Income Risk
✓
Execution Risk
✕
2
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
3363m²
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