Freehold opportunity in the heart of the Southport CBD. Established 432sqm* building on 405sqm* located at the Northern end of Scarborough Street, providing secure holding income while retaining development upside under the Southport Priority Development Area. The final asset to be liquidated by the owning entity - this will be sold;
• Net income of approximately $110,046.75*pa + GST•
• Two ground floor tenants plus one single upstairs user
• 432sqm* building NLA located on a 405sqm* land parcel
• 3 Secure lock up garages at rear
• Precinct 1 Southport PDA
*Approximately
Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.