Property Name: Southport CentralLocation: Southport, QLDType: 1 & 2 bed Apartment Expected Completion: Tower 1 & 2: Completed Tower 3: Early 2009 Tenant Profile: Mainly professional singles or couples, doctors and nurses from Hospital
The evolution of Southport has a new direction, with the precinct of Southport Central as its cosmopolitan heart. A true multi-purpose development, comprising three impressive towers with integrated shopping and commercial precincts. Elevating its status by breathing new life and vitality into the area, Southport Central is a vibrant destination, created as a modern expression of the global appeal of the Gold Coast.
Capital Growth: The Southport Broadwater Foreshore upgrades will boost the "waterside" amenity of the Gold Coast's CBD so that it is fully serviced and complete retail, commercial, residential and recreational area. Southport Central is a genuine landmark development and unique in that it forms part of Australia Fair (AF) shopping centre with all (AF) public car parks under the building. When stage 3 of Southport is finished and further supply in the development extinguished, prices should start to move rapidly - particularly for the up market design of Tower 3. Rental Return: 5.2% p.a. gross approx
Rental Return: