7% to 8% Net Yield - Exceptional Retail Opportunities (3 side-by-side)
https://issuu.com/southcoastresidential/docs/gyfw8og05ll
Aleksandrs Commercial is proud to present 3014, 3015, 3016/27 Garden Street, Southport to the market for Sale by way of Private Treaty.
Multi-site (3 titles) Sale $2,450,000
Individual Sale $860,000 each
Elevating its status by breathing new life and vitality into the area, Southport Central is a vibrant lifestyle destination.
More than a CBD, Southport Central is destined to become a modern CLD Central Living District.
Southport Central is a landmark destination that typifies the ever changing and exciting Gold Coast.
Substantial Net Income $145,245.55 (2024)
Substantial Net Income $154,365.27 (2025)
Substantial Net Income $163,988.86 (2026)
3 inter-connected premises with a total lettable area of 219sqm + 55sqm exclusive use area to the front of tenancy
Wide glass frontage and open plan
Secure underground free parking for 3 hours
Positioned in the heart of Southport Central Towers (Residential & Commercial), 788 residential apartments and over 350 office suites and 67 retail tenancies with an estimated 5,000 people walking through the centre daily
Premier district for business, education, medical services and entertainment
Short walk to G-Link, Australia Fair and Southport Chinatown
Short walk to Southport TAFE College with approximately 10,000 students
* Short walk (650m) to Southport's latest Residential Project (Imperial Square) which comprises four stages and will eventually deliver around 1,600 dwellings
All 3 tenants are on leases with 2 x Options
3014 ITAEWON
Recent 5 year lease + 2 x 5 year Options
94sqm (incl. 17sqm courtyard)
3015 ALL VENDING MINI MART
new 3 year lease + 2 x 3 year Options
87sqm (incl. 18sqm courtyard)
3016 HONG DAE POCHA
10 year lease
93sqm (incl. 20sqm courtyard)
Please feel free to contact Exclusive agents Michael Gambaro 0450 822 001 or Andreina Jordan 0451 550 587 for further information and/or for arranging a private inspection.
Disclaimer
All information (including but not limited to the property area, floor size, price, address and general property description) on the Website is provided as a convenience to you, and has been provided to Aleksandrs Commercial by third parties. In placing the information on the Website, Aleksandrs Commercial has received the information passed on from third parties. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website or the information about the property contained on the Website.
Property Code: 30
