43/88 Cotlew Street East, Southport

2 1 2 240m2


TUNE IN all first-time homeowners, investors or downsizers as this is one amazing opportunity to purchase a sensational property. Currently vacant and ready to either move in for those who want to occupy, or the potential rental return is in excess of $520 per week with similar homes renting up to $580 per week for investors with further renovations to kitchen and bathroom. This primly located single level villa is found in the highly sought after Summer Waters Estate in the heart of the GC.

• If you're searching high and low for a home that is walking distance to great schools, daycare centres, sporting grounds for the children, major shopping centres at your fingertips, restaurants and a huge list of community assets that encourage a social lifestyle then this is it! Perfectly positioned between Southport CBD and Benowa and the GC HOTA, less than 5 mins drive to Surfers Paradise, TAFE, Golf Clubs, Surf Clubs, Public Transport, Hospitals and world-renowned beaches.
• The secured gated estate offers low body corporate fees of approximately $56p/w and is impeccably kept with lush tropical grounds, undercover BBQ facilities, tennis court, children’s play areas, basketball court, wide roads, ample visitors parking and two swimming pools. Wonderful on-site managers operate this tightly run, friendly estate that is largely accommodating long term owners or families that all take pride in their homes.
• Pets are allowed and approved subject to meeting body corporate by-laws.
• Unit 43 offers a large single lock up garage and additional carport providing room for two cars or a car and trailer.
• Upon entry you will be greeted by an open large living and dining room with floor to ceiling double windows and sliding doors that flood the whole home with natural light.
• The central kitchen offers a great place to cook and entertain as this adjoins both the lounge and dining room that can interchange depending on how you would like to arrange your furniture. This is a well sized, functional kitchen and the layout means you can do a simple renovation that offers no restrictions on new layouts or space confinement. Large windows capture the northern aspect and wrap around benchtops provide plenty of prep room and a breakfast bar for informal coffee catchups.
• You will find the two bedrooms have been ideally positioned to provide each room privacy and space. The rooms offer plenty of space for queen beds and added furniture, large sliding wardrobes, ceiling fans and large windows.
• A centrally positioned open plan bathroom attends both rooms with a hallway style vanity area with a large mirror, a separate toilet and wet room with bathtub and corner shower. This is a wonderful design and currently presented in original condition… this unique space would renovate beautifully.
• A large separate laundry room is a welcomed asset to this home with large double linen cupboards room for the washer and dryer and access to a courtyard style outdoor drying room *see floor plan.
• Additional features include freshly painted throughout, new downlights, new ceiling fans, timber-look flooring throughout for low maintenance appeal, window furnishings throughout, selected security screens, flyscreens, flat driveway with ease of access and wheelchair friendly.
• The north facing backyard is flat, usable, and private as tropical gardens surround the property and there are no neighbours at the rear as the block backs onto an open park area that adjoins one of the community swimming pools. With low maintenance landscaping and rear access to the facilities this is a unique find in this price bracket and offers a great place for the children to enjoy! There is room for an outdoor entertaining area and is the perfect backyard to call home.
• Prospects such as this are in short supply and with an *approximate gross yield of 6.5% this is affordable housing at its finest.

This is an opportunity to take the plunge and purchase into a carefree lifestyle where all the subtle differences make this home different from the rest! Come along to one of our open homes or give Sophie a call before this perfect package is purchased!

* Yields and rental returns are approximations only and further financial guidance is advised

*Images have been digitally furnished for your enjoyment. Furniture is to scale.

DISCLAIMER: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property Type Villa

Land Size 240 m2

Price Sold - $550,000

Email to a Friend

Sophie Watts

As one of the top performing agents for the Northern Gold Coast for the past 14 years, Sophie is dedicated to achieving the best results for her clients and maintains her reputation for superior service to everyone she deals with. A specialist in residential home sales, Sophie has a fresh approach to marketing and advertising using social media, in-house video creation, a high level of expertise, knowledge and promotion insight. Sophie has credited her success to hard work, a friendly approach and a vision to be the very best. Sophie’s infectious and enthusiastic approach to all aspects of the business is an asset to her long lasting and successful career.

Sophie’s outstanding results truly speak for themselves both based on volume, client testimonial and above all Sophie delivers top sale prices year after year. Since starting in the real estate industry in 2007, Sophie has had a passion for property which has driven her to achieve phenomenal success from a young age as a hardworking and determined career agent. Sophie is a fully Licensed Real Estate Agent with over a decade of industry expertise and results.

Make an Enquiry

Keep In Touch

Sing up for all the latest on Buying Selling or Renting on the Norther Gold Coast