Two villas in Queensland's Gold Coast listed for mortgagee auction

Two villas in Queensland's Gold Coast listed for mortgagee auction
Staff reporterSeptember 30, 2020

Two villas in Queensland’s Gold Coast suburb, Southport, has been listed for mortgagee auction.

The residence offers nine-bedrooms and six-bathrooms over the two villas located at 10 Lydia Grove.

Advertised as a mortgagee on realestate.com, the property offers a profitable opportunity to purchase two almost finished villas in one line.

Set on 564sqm, the three-storey units both have double lock-up garages.

The home is ideal for an investor or DIY renovator, with the chance to occupy one dwelling and rent out the balance.

The villas last sold together for $450,000 in 2016.

The median value price for units in Southport is $356,095, according to CoreLogic data.

RE/MAX agent Kristoffer Sonter is marketing the listing.

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