Colliers are pleased to present an exceptional opportunity to acquire a freestanding CBD office building in one of Australia's best performing office markets, providing a major opportunity to value add through repositioning and capitalising on significant rental upside, or for an owner occupier to secure a corporate HQ.
8 - 10 Cloyne Road Southport comprises of 2,142m²* of NLA across two-levels with large multi tenanted floorplates, 47 secure basement car parks (1:45sqm* allocation) and a central core lift with shared amenities on both levels. With large efficient floorplates, the building is currently 56% occupied with 1,203m²* NLA leased and an immediate opportunity to reposition and release /occupy the vacant areas of 939m²*.
The building is located within the Southport CBD and in close proximity to major amenity including Australia Fair, Gold Coast Aquatic Centre, the Broadwater and nearby private schools including St. Hilda's and The Southport School. The property also falls within the Southport Priority Development Area (PDA), which allows for future redevelopment not strictly dictated by the regular City Plan planning constraints.
Key features include:
- Net Income: $212,533.96 p.a.*
- WALE: 1.1 years by Area, 1.1 years by income (As at 1 July 2025)*
- NLA: 2,142m²*
- Land Area: 1,546m²*
- 5.0-Star NABERS rating
- Current vacant area of 939m² - immediate occupation or value add through leasing
- Generous zoning and unlimited height provisions under the Southport PDA^
- Proximity to key public transport, major shopping centres & the Broadwater.
- 47 basement car parks
For sale via Expressions of Interest closing Thursday 7th of August 2025 at 4pm (AEST).
Please contact exclusive marketing agents Bede Blatchford & Steven King for further information.
*All figures approximate
^Subject to Council Approval