Southport, Queensland mortgagee home sold for $65,000 loss
Staff reporterDecember 7, 2020
A Southport, Queensland mortgagee home has been sold for $276,000 under the auctioneers gavel.
The unit last sold for $340,000 in 2009.
Victor Tauch and Robert Peel or Ray White marketed the home.
Situated at 12/16-26 Sykes Court, the property features 89 sqm of internal space.
The two bedroom two bathroom apartment is noted as having "a strong rental return" in the listing.
In 2004, the year of its construction the unit previously sold for $300,000.
The median price for a home in Southport is $467,750 according to CoreLogic.