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Sold on 1 Feb 2021

20 Davenport Street Southport QLD 4215

  • Shop & Retail
  • 294 m²
  • Sold, $1,050,000

Commercial Freehold Building in China Town

    Strategically located in the China Town Precinct, Southport, 20 Davenport Street is positioned directly under one of the three iconic Paifang Gateways symbolizing the entry way to China Town and creating a unique, uplifting and cultural presence for the property.

    The freehold property provides;
    - Land Area: 147m2*
    - Building Area: 294m2* which is split over two levels
    - Multiple Entry Points allowing the dual occupancy

    Currently the property is improved with a two story building which offers the investor or owner occupier the opportunity to repurposed or utilize the current improvements.

    Currently, the building comprises;
    - Ground Floor which provides an open plan restaurant and take away food layout, which includes a commercial kitchen
    - First Floor Space which is fitted as a Karaoke Bar and provides a reception, karaoke rooms (8 in total)

    The Property provides fantastic exposure to passing vehicular and pedestrian traffic and allows for ample signage (including two light box's).

    There is licensed outdoor seating which allows operators to take advantage over the atmosphere and vibe.

    This property would suit occupiers looking to establish a retail, commercial or medical businesses within this tightly held precinct of Southport.

    Being located within the Southport PDA Precinct, there are a wide variety of alternative uses which permit few limitations from a town planning perspective.

    Please contact the exclusive agents to view the property or to obtain an information memorandum on the property.

    Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

    Property Highlights

    Property ID2016585963
    Date Sold1 Feb 2021
    Sold Price$1,050,000
    Floor Area294 m²
    Land Area147 m²
    ParkingAsk Agent
    Virtual TourView Tour
    Category
    Last updated  1 Feb 2021
    Map for 20 Davenport Street Southport QLD 4215
    Map for 20 Davenport Street Southport QLD 421520 Davenport Street Southport QLD 4215
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    • Purchase price

      $
      1,050,000

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Property Highlights

    Property ID2016585963
    Date Sold1 Feb 2021
    Sold Price$1,050,000
    Floor Area294 m²
    Land Area147 m²
    ParkingAsk Agent
    Virtual TourView Tour
    Category
    Last updated  1 Feb 2021
    Kollosche
    12-14 Albert Avenue Broadbeach QLD 4218

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