Pivotal Point 304-305, 2-12 Nerang Street Southport QLD 4215

Colliers are pleased to present for sale Suites 304 & 305, 2-12 Nerang Street, a high quality long lease commercial investment, with income secured by blue chip lease covenants.

Featuring, 807sqm of modern office accommodation across two titles, plus balcony and basement parking, the property is located within Southport CBD's Pivotal Point building.

Net income is $314,909 per annum with a landlord friendly lease in which all outgoings are paid by the tenants.

Boasting long standing occupiers in the property for the past 16 years, The MBA Partnership & Digital O2 are successful accounting and IT businesses respectively.

With leases to 2027, plus options, both companies are majority owned by the ASX-listed national accounting firm CountPlus (ASX:CUP).

Surrounded by excellent retail and lifestyle amenity, property features include:

$314,909pa net income
100% outgoings paid by tenant
Leased to 2027 + options
WALE 4.9 years
807sqm NLA
Two adjoining suites
Lot 304: 450sqm
Lot 305: 355sqm
Long standing tenants since 2006 (16+ years)
Both tenants majority owned by ASX-listed company (ASX:CUP)
Attractive outgoings at just $62/sqm
Expansive north facing balcony
12 x secure basement car parks plus visitor parking
CBD location adjoining Australia Fair
Walk to Broadwater Parklands and Light Rail

For Sale via Expressions of Interest closing Wednesday 23 November at 4pm.

Premium investment opportunities of this quality and location are rarely offered to market.

Contact Collier's exclusive agents Steven King or James Crawford for more information.

* all figure are approximates
~ outlines indicative only