1/2 Musgrave Avenue,

Southport

Positioned in a peaceful creekside setting on the banks of picturesque Loders Creek, this versatile two-storey residence presents an outstanding opportunity for investors, extended families, or buyers seeking additional income to offset their mortgage.

Designed for genuine dual living, the property is configured as two completely separate self-contained residences, each with its own private entrance, offering flexibility rarely found in today's market.

The upper-level residence is currently capable of achieving approximately $650 per week, while the lower-level accommodation is estimated to return around $550 per week, providing a potential combined income of $1,200 per week. This strong rental return makes the property an attractive proposition for investors seeking healthy cash flow and the potential for neutral or even positive gearing.

Beyond the impressive investment credentials, the property enjoys a tranquil waterfront position overlooking Loders Creek, creating a relaxed lifestyle environment while remaining conveniently close to shops, schools, public transport, and the Broadwater.

Key Features:

• Genuine dual-living configuration with separate entrances
• Two self-contained residences over two levels
• Potential combined rental income of approximately $1,200 per week
• Ideal for investors, multi-generational families, or owner-occupiers seeking supplementary income
• Peaceful creekfront position on the banks of Loders Creek
• Close to shopping centres, schools, parks, and major amenities
• Easy access to the Broadwater and Gold Coast lifestyle attractions
• Flexible floorplan with multiple living options

Whether you're looking to expand your investment portfolio, accommodate extended family, or secure a home that helps pay for itself, this unique waterfront opportunity delivers exceptional versatility, strong rental appeal, and enviable lifestyle benefits.