Price Undisclosed

2 Bed  •  2 Bath  •  1 Car

Main view of Homely apartment listing, 1115/59 Meron Street, Southport QLD 4215
Floorplan of Homely apartment listing, 1115/59 Meron Street, Southport QLD 4215
Second view of Homely apartment listing, 1115/59 Meron Street, Southport QLD 4215
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Sold

1115/59 Meron Street, Southport QLD 4215

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Price Undisclosed

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  • 2
  • 1

Apartment Sold on Thu 29 May, 2025

What's around Meron Street

Apartment description

“Luxury Short-Stay Investment with High Yield Potential – Must Be Sold by Auction! Dual-Income Strategy | Passive or Self-Managed”

Key Investment Highlights:
• Gross Yield: Approx. 5.7% p.a. (even higher if self-managed)
• Income Estimate: $900/week under Wyndham hotel management
• Zoning: Short-Stay Accommodation Only – no long-term or live-in occupancy
• Self-Management Option: Airbnb, Stayz, or short-stay agency for income flexibility
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Why This Property Stands Out:
This is more than just a luxury apartment – it's a fully optimized income-producing asset in the heart of Southport's revitalized CBD. Located within the prestigious Regal Residences and managed by Wyndham, this investment offers a powerful combination of:
• Hands-free hotel management for passive returns
• Or the ability to self-manage and maximise nightly rates and occupancy
• No owner-occupier restrictions – it's 100% investment focused
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Apartment Features:
• 2 generous bedrooms | 2 designer bathrooms
• Contemporary kitchen with stone benchtops & Teka appliances
• Open plan living, 2.7m ceilings, ducted air-conditioning
• Floor-to-ceiling windows for optimal light
• Secure undercover car park
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World-Class Guest Amenities:
• Rooftop infinity pool with skyline views
• Fully equipped gym, sauna, and steam room
• Residents' lounge, outdoor entertaining zones
• Onsite cocktail bar & restaurant
• Concierge and 24/7 professional management
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Unbeatable Location:
• 250m to Light Rail
• 1.4km to Australia Fair
• 2.3km to Broadwater Parklands
• 4.8km to Gold Coast University Hospital
• Close to Griffith University & Southport TAFE
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Investor Appeal:
• Short-stay zoning = rare & tightly held
• Flexibility: Switch between fully managed or DIY short-stay rental
• Strong demand from tourists, students, and business travellers
• Located in one of Queensland's fastest-growing lifestyle corridors
• Ideal for SMSF buyers, yield-focused investors, and income seekers
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Act Now – This Property Must Be Sold
Opportunities like this are rare. Whether you're seeking a set-and-forget passive investment or ready to take advantage of high-yield self-management, this apartment delivers both immediate returns and long-term capital growth potential.
📩 Request the full info pack: Includes income history, body corporate fees, and inspection details.
📞 Contact the Agent today – before it goes under the hammer!

This Apartment Must be SOLD on or before Auction scheduled for Thursday 29th May on Site at 5.00pm

Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.

Property features

airConditioning

Air Conditioning

builtInRobes

Built-in Robes

furnished

Furnished

Other features

Car Parking - Basement, City Views

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1115/59 Meron Street, Southport QLD 4215
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