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Overview
Spacious Apartment Living with Large Terrace and Strong Investment Appeal
Welcome to 5/17 Lather Street, Southport, a spacious and well-presented apartment located within the exclusive Bella Vista complex, a boutique building comprising only 15 residences. This property offers a unique blend of privacy, comfort, and convenience, making it an exceptional opportunity in one of Southport's most desirable locations.
Situated on a quiet and leafy street, the apartment enjoys a tranquil environment while being just moments away from the Broadwater and the vibrant Southport CBD. Residents benefit from close proximity to cafés, restaurants, shopping centers, public transport, and waterfront parklands, providing an enviable lifestyle of ease and accessibility.
The apartment is designed for effortless living, featuring two generous bedrooms. The spacious master suite includes an ensuite bathroom and direct access to the oversized terrace. The living area flows seamlessly onto the expansive outdoor space, ideal for entertaining guests, relaxing, or enjoying the refreshing coastal breeze. The interiors are bright and filled with natural light, complemented by contemporary finishes and a practical floorplan that ensures both comfort and functionality.
This property combines the privacy of boutique apartment living with the advantages of a central location, capturing the best of both worlds.
Property Details:
- Two generous bedrooms, with the master bedroom connected to an ensuite and direct access to the entertaining terrace.
- Spacious open-plan living and dining area.
- Modern kitchen equipped with ample storage and quality appliances.
- Air-conditioning in the living area for year-round comfort.
- Ceiling fans installed throughout the apartment.
- Fully fenced, undercover private terrace providing a secure outdoor space.
- Secure building access and a residents' entertaining area.
- Boutique complex with only 15 apartments, ensuring exclusivity.
- Secure basement parking with an allocated car space.
- Central CBD location with excellent access to public transport.
Location Highlights:
Southport is one of the Gold Coast’s most sought-after lifestyle and investment destinations, offering a perfect balance of coastal living and everyday convenience. Residents enjoy exceptional access to the Broadwater Parklands, James Overell Park, a variety of cafés and restaurants, public transport options including the Gold Coast Light Rail, all within walking distance. Key amenities such as Australia Fair Shopping Centre, The Brickworks, Gold Coast University Hospital, Griffith University, The Southport School (TSS), and St Hilda’s School are just minutes away, making this location highly attractive to professionals, students, families, and investors alike.
As the central business district of the Gold Coast, Southport is experiencing strong growth fueled by ongoing infrastructure developments, employment opportunities, and increasing demand for well-located properties. Recent market data indicates annual unit price growth exceeding 15%, coupled with vacancy rates below 1%, underscoring the suburb’s strong rental demand and long-term appeal. The combination of connectivity, lifestyle, and future growth potential makes Southport one of the Gold Coast’s premier addresses.
Investment Information:
- The property is currently leased at $725 per week until 26 November 2026.
- The last rent increase was on 21 November 2025.
- Current market appraisal estimates rental income between $740 and $800 per week.
- Council rates are approximately $2,200 annually.
- Water rates are approximately $280 per quarter.
- Body corporate fees are approximately $50 per week.
Additional Features:
- Remote garage access.
- Balcony providing outdoor living space.
- Entertainment area suitable for gatherings.
- Air conditioning for climate control.
- Heating for cooler months.
Disclaimer:
Every effort has been made to ensure the accuracy and reliability of the information provided. Prospective purchasers are advised to conduct their own investigations and verify all details independently. Buyers should also inquire about building approvals and relevant warranties to ensure complete satisfaction. The images provided have been digitally enhanced for aesthetic purposes and may feature virtual staging or item removal, reflecting the property’s presentation rather than its current condition. The property is currently tenanted, and the photos may not fully represent its present state.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Southport QLD 4215
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 101 m² |
Market Insights for Southport QLD 4215
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