11296975 | Nerang Street SOUTHPORT QLD

SOUTHPORT, QLD 4215

For Sale $20,000,000

Fantastic Centrally Located 5968sqm PDA Zoned Site - Showroom Setup

Showrooms/Bulky Goods - SOUTHPORT QLD

78-86 Nerang Street offers a unique and very rare opportunity to secure a corner positioned, 5968m2* Southport Priority Development Area (Precinct 1) zoned icon. New lease until 31st December 2018 with a single one (1) year option, the property offers holding income over a significant period of time with unlimited future development potential.
The property is prominently positioned on the corner of Nerang Street and High Street in Southport. High Street has just gone through a major extension witha dual carriageway (three lanes either way) that passes North-South through the heart of the Southport Medical, Automotive and Bulky goods precincts and connects Labrador, Southport and Bundall. The property has a 45 metre* frontage onto High Street, and a 90 metre* frontage onto Nerang Street, and as such, is easily identifiable when travelling through the major intersection in any direction.

The main aspects of 78-86 Nerang Street, Southport are:
• 5,968m2* “Southport PDA (Precinct 1)” zoned site;
• 3,771m2* total gross floor area;
• Three (3) street frontages;
• Prominent corner position;
• Annual net rent of $1,034,000.00 p.a* + GST + outgoings;
• Well established and prestigious tenant.

The Gold Coast BMW building is located very close to the heart of Southport connected via Nerang Street, Suter Street, as well as the recently completed Gold Coast Light Rail network. 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 Woolworths, Coles, K-Mart and Event Cinemas anchored Australia Fair Shopping Centre, as well as the Southport Central Commercial Complex.

Total site Area
5,968m2*
Total Lettable Area
3,771m2*
Net Income
$1,034,000.00 p.a* + GST + outgoings
Outgoings
Outgoings paid by tenant.

*= Approx
Disclaimer: The above information has not been verified. We advise you confirm the accuracy of details before entering into a contract. Prestige Property Agents and its employees cannot be held responsible for any inaccurate details supplied here.

Property Features
  • Showrooms/Bulky Goods
  • Land is 5965 m²
  • Floor Area is 3771 m²
Commercial Features
Zone

PDA (Precinct 1)

  • Satelite
  • Transit
  • Bike
  • Comparables

Subscribe to listing alerts by email

Manage your listing alerts subscription options

Enter your email address and click Continue.

Number of bedrooms
Number of Bathrooms
Check if want garage.
Subscribe for our listing alerts.
Real Estate Agent's