1332/56 Scarborough Street, Southport QLD 4215

Property Details: • Type: Apartment / Unit / Flat

• Bedrooms: 2 • Bathrooms: 2

Description: RentBetter Property ID: 419245 (quote when calling) 56 SCARBOROUGH STREET, SOUTHPORT SOUTHPORT CENTRAL TOWER 1 Level 33 | 2 Bed 2 Bath 1 Car | North-Facing | Spectacular Ocean Views | Sold Tenanted This is not just an apartment it's a cash-flow machine in the Gold Coast's most compelling investment suburb. Positioned on the 33rd floor of Southport Central Tower 1, this north-facing apartment commands breathtaking panoramic views across the Broadwater, Pacific Ocean, Wave Break Island, The Spit and the glittering Surfers Paradise skyline. At this height and orientation, your views are unobstructed and permanently protected you will never be built out. Currently tenanted at $850 per week, this property delivers an exceptional rental yield in a market where vacancy rates sit near just 1% and rents continue to climb. This is a proven, income-producing asset from day one. Virtual inspections available via video call interstate and international investors welcome. Why Southport? Why Now? Southport is the officially designated CBD of the Gold Coast and in 2026, it is the number one investment suburb on the Coast. Unit values in Southport have grown approximately 98% over the past five years, with rental yields consistently sitting above 5% for well-located apartments. Population growth on the Gold Coast is outstripping new housing supply by a wide margin, and with the 2032 Brisbane Olympics driving billions in infrastructure investment across South East Queensland, the long-term growth outlook has never been stronger. This apartment sits at the epicentre of it all. The Gold Coast's Health and Knowledge Precinct On Your Doorstep Southport Central is located within minutes of the Gold Coast Health and Knowledge Precinct, one of Australia's most significant health, education and innovation hubs. This precinct includes the Gold Coast University Hospital a world-class $1.8 billion tertiary hospital and Level 1 Major Trauma Centre the Gold Coast Private Hospital, Griffith University's Gold Coast campus, and the expanding Southport Health Precinct. Together, these institutions employ over 10,000 full-time staff and support tens of thousands of students, researchers and medical professionals all of whom need quality accommodation nearby. This is a deep, reliable and growing tenant pool that underpins the suburb's rental demand year after year. Unbeatable Connectivity The G:link light rail stops at your doorstep, connecting you directly to Surfers Paradise and Main Beach in 5 minutes, minutes away from Broadbeach, Griffith University and the Gold Coast University Hospital. Australia Fair Shopping Centre sits directly opposite, offering supermarkets, retail, dining and services without ever needing a car. Broadwater Parklands, Chinatown dining precinct, Southport Yacht Club and Marina Mirage are all a short stroll away. Resort-Style Living in a Residential-Only Tower Southport Central Tower 1 is a residential-only, pet-friendly building part of the landmark $700 million, three-tower Southport Central development comprising 789 luxury apartments. Residents enjoy an exceptional suite of resort-style amenities, including two large outdoor pools, a heated indoor pool, spa, sauna, steam room, fully equipped gym, and landscaped BBQ entertaining areas and a coworking lounge - all within a secure, well-managed complex with on-site management. The Apartment From the moment you step inside, sweeping north-facing views draw you through the open-plan living and dining area and out onto the generous balcony your private vantage point 33 floors above the Gold Coast. Both bedrooms enjoy ocean and Broadwater views, with the master suite featuring a walk-through robe and private ensuite. The second bedroom includes built-in storage and balcony access. Ducted air-conditioning throughout ensures year-round comfort, and secure basement parking provides peace of mind. At a Glance: Level 33, north-facing with spectacular uninterrupted ocean, Broadwater and skyline views Tenanted at $850 per week strong and growing rental return Two bedrooms, two bathrooms, one secure car space Master with walk-through robe and ensuite Open-plan living flowing to generous balcony Ducted air-conditioning throughout Secure basement parking Residential-only, pet-friendly tower Resort facilities: 3 pools (1 indoor heated), spa, sauna, steam room, gym, BBQ areas G:link light rail at your doorstep Opposite Australia Fair Shopping Centre Minutes to Gold Coast University Hospital, Griffith University and the Health & Knowledge Precinct Southport CBD the Gold Coast's #1 investment suburb for 2026 2032 Brisbane Olympics infrastructure driving long-term capital growth Sold with existing tenancy in place. Please note: Photos shown were taken in 2024 and display the previous tenant's furniture and styling. The apartment has been continuously tenanted and is currently occupied by the existing tenant with their own furnishings. Updated photos were not available at the time of listing. Virtual inspections available via video call interstate and international investors welcome. Disclaimer: We have in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.