78-86 Nerang Street Southport QLD 4215
- 3,771 m²
- For Sale, $20,000,000
Blue Chip Commercial Site in heart of Southport CBD with publicly listed tenant and development upside
This tightly held asset is an immaculate former automotive showroom situated on one of Gold Coasts most prominent intersections and is now available to purchase.
- 5,968m²* site with 3,771 m²* building on Main Arterial Road
- (PDA) Priority Development Area Precinct 1 - Premium Redevelopment Potential
- Brand new 7 year lease with options to Tesla
- Current net income of $636,090 (Plus GST + outgoings)
- Projected net income of $1,100,000*
- High profile Building/ Showroom with 3 street frontages
- Prime Highrise Development location surrounded by elite Private Schools, Upmarket Shopping, and dining destinations in the heart of the CBD plus the light rail tram right at your door.
The subject property is primely positioned on the corner of High Street, Nerang Street and Suter Street, making up half of an entire street block. High Street is a major arterial road providing the link between the Smith Street Motorway to Ferry Road and Bundall Road.
The property is located within 300 metres of both the Gold Coast Light Rail Nerang Street and Southport stations, China Town, and within 600 metres of the Australia Fair Shopping Centre, the Southport Central Commercial Complex and 1.1kms to Brickworks Marketplace.
Council car parking facilities are abundant in the immediate area with Athol Patterson Carpark located directly opposite the subject property in Suter, which offers all day parking.
The property is positioned in one the Gold Coasts best CBD corner locations and will undoubtedly benefit from surrounding developments and growth.
May suit automotive, bulky goods, retail, office, education, drive thru bottle shop and alike.
Contact the listing agents today for an information memorandum.
Prime position on the corner of High Street, Nerang Street and Suter Street, making up half of an entire street block. Within walking distance to the Light Rail Station and the planned Queen Street Village (old Southport Hospital site). High Street is a main arterial road providing the link between the Smith Street Motorway to Ferry Road and Bundall Road.
Disclaimer: The above information has not been verified. We advise you confirm the accuracy of details before entering into a contract. Amir Prestige and its employees cannot be held responsible for any inaccurate details supplied here.
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