18 Marine Parade, Southport/18 Marine Parade Southport QLD 4215

For Sale | Purpose-built Medical Centre & Day Surgery 18 Marine Parade, Southport

Knight Frank is pleased to present 18 Marine Parade, Southport, a five-level purpose built Medical Centre & Day Surgery facility located in a prominent Broadwater-facing position at the entrance to the Southport CBD.

The property has a complimentary mix of tenants and specialities including Plastics, Cosmetics, Opthalmology and a ground floor cafe. The property is anchored by 'Short Street Day Surgery' (Ramsay Healthcare) and 'Eye & Laser Centre Gold Coast' (SMS Optics Gold Coast Pty Ltd).

18 Marine Parade is located on a prime 1,198sqm* landholding at the gateway to the Southport Priority Development Area (PDA). The land offers unrestricted use and unlimited building height (STA) which provides substantive future development potential.

*Approx.
~Outlines indicative only

Key highlights of this opportunity include:

- Purpose-built Medical Centre & Day Surgery facility completed in 2002
- Estimated fully leased net income of $1,406,183* p.a. plus GST
- 2,346 sqm* of Net Lettable Area over five (5) levels
- 1,198 sqm* site with uninterrupted Broadwater views
- 2.78* Year WALE (by income)
- 78 Carparks (1:30) plus Ambulance bay
- $1.5m in recent CapEX including bathroom, lift, BMS, security, intercom, FIP, roller door and motor replacement or upgrades.

18 Marine Parade, Southport is For Sale by Private Treaty.

Please contact the listed Knight Frank agents for further information.