163 Scarborough Street, Southport, Qld 4215

Offering a rare and highly lucrative dual-income opportunity, this unique mixed-use property on a prime 410sqm block is centrally positioned in the vibrant heart of Southport. 

Delivering the perfect blend of commercial return and character-filled residential living, this property is the ultimate find for savvy investors seeking strong yields or owner-occupiers looking to live comfortably while generating a steady income.

From the moment you arrive, the prime street frontage showcases a beautifully presented commercial space. Currently operating as a stylish hair salon, complete with a chic modern fit-out, the front building is leased until May 2027 returning $500 per week.

Tucked away at the rear is a private residence offering comfortable living. Upstairs, the light-filled floor plan features two generously sized bedrooms, a highly functional kitchen, an open living and dining area, and a bathroom. Downstairs expands your living options entirely, offering a sprawling multi-purpose room, a large rumpus area and an additional toilet and shower which is perfect as a teenager's retreat, home office, or versatile family space.

The residential home is currently on a periodic lease returning $550 per week. This offers incredible flexibility: retain both tenancies for a strong combined income of $1,050 per week, or simply move in and enjoy the benefit of an ongoing commercial revenue stream.

Complete with a generous, fully-fenced grassy backyard, a spacious carport, and additional off-street parking, this property is packed with potential.

Property Features 
▪️ Rare mixed-use property on a 410sqm block in central Southport 
▪️ Secure commercial tenancy at the front
▪️ Upstairs residence features 2 generous bedrooms, kitchen, living/dining, full bathroom, and balcony 
▪️ Expansive downstairs area includes a versatile multi-purpose room and a large rumpus 
▪️ Generous, fully-fenced grassy backyard providing a fantastic blank canvas for kids or pets 
▪️ Covered carport providing secure off-street parking

Location Highlights 
▪️ Unbeatable Convenience: Walking distance to Australia Fair Shopping Centre, diverse dining options, and the bustling Southport CBD 
▪️ Premier Lifestyle: Moments to the Broadwater Parklands, Gold Coast Aquatic Centre, and scenic coastal walking tracks 
▪️ Health & Education: Close to the Gold Coast University Hospital, Griffith University and Southport State High School 
▪️ Exceptional Connectivity: Easy access to major arterial roads and close to G:link Light Rail stations for rapid transit to Surfers Paradise and beyond 
▪️ Prime Coastal Living: Just minutes to iconic Gold Coast destinations including The Spit, SeaWorld, and pristine beaches

Disclaimer: This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only. All information provided has been obtained from sources we believe to be reliable; however, we cannot guarantee its accuracy and interested parties should make their own enquiries.