105, 2-12 Nerang Street, Southport, QLD 4215

Retail

Sold $700,000

  • Property ID: 439965
  • Floor Area: 145m²
  • Land Area: 145m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 12/04/2024 145m2 145m2 $800,000
PRICE REDUCTION - 100% LEASED CBD INVESTMENT OPPORTUNITY - ABSOLUTELY MUST BE SOLD!

• Fully fitted 100m2* functioning restaurant plus 45m2* exclusive use alfresco area
• Prominent tenancy to ground level of Pivotal Point building boasting excellent exposure to high volumes of pedestrian traffic
• Complete operational fit out with all service connections, a commercial kitchen with grease trap connection, a cold rooms and storage room
• Net rent: $49,286.56* p.a + GST
• 5 year lease to 2027 (plus a further 5 year option)
• Excellent exposure to high volumes of pedestrian traffic
• 2 secure parking spaces on Title
• 250m* to the Light Rail Station
• Excellent signage opportunities
• Multiple uses approved as of right through the Southport Priority Development Area scheme
-Including but not limited to office, medical, educational and recreation

*denotes approximately

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Southport Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $8559 $387 4.53%
Industrial $5051 $203 4.02%
Offices $6349 $342 5.39%
This is the average advertised price, rent and yield for Southport, QLD 4215*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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