5, 66 Marine Parade, Southport, QLD 4215

Offices | Medical | Other

Sold $749,000

  • Property ID: 443899
  • Floor Area: 216m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 10/07/2024 216m2 N/A $925,000
Diversified 216sqm* Office Suite - Stradbroke Plaza

RWC Gold Coast and CBRE are pleased to present to the market a unique opportunity to acquire 216 sqm* of office accommodation within one of Australia's most competitive office markets. Positioned on level 1 of 66 Marine Parade, also known as "Stradbroke Plaza" is 216sqm* of total floor area split into three separate suites offering 101sqm*, 37sqm* and 78sqm* respectively. This reconfigured strata office unit offers a versatile investment potential, allowing for simultaneous occupancy and benefit from existing tenant income. Each suite delivers its own fit-out solution varying from open plan to fully fitted offering a welcoming reception and waiting area, consulting rooms, executive offices, boardrooms, and internal kitchenette facilities. Each suite is further complemented with one allocated secure basement car park. Strategically located, this property offers direct proximity to the Legal Precinct, various professional services, transportation infrastructure, M1 access, and ample staff amenities while direct access to Gold Coast Highway.

Providing flexibility for buyers the 78sqm* space is currently leased until November 2024 with the tenant holding a further 2-year option while an additional 138sqm* is open for owner-occupancy if preferred. This property is currently generating an approximate annual income of $46,302.12* + GST.

• 216sqm* of combined office accommodation
• Suites split into three tenancies
• 138sqm* vacancy + 78sqm* occupied
• Practical, configuration and fit-out
• Holding income until November 2024
• Three (3) exclusive-use basement car parks
• Opportunity to license a fourth exclusive-use basement carpark
• Suited to both owner occupier and savvy investor
• Central Southport location with access to surrounding CBD's, commercial centres and staff amenities
• Offices of this calibre seldom come available within Southport - do not miss this opportunity

Please contact the listing agents for more details by clicking on the link above.

*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
Industrial $5051 $203 4.02%
Offices $6349 $344 5.41%
Retail $8559 $387 4.53%
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 Offices 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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