1505/56 Scarborough Street, Southport, QLD 4215

Offices | Medical | Other

Sold $349,000

  • Property ID: 445046
  • Floor Area: 91m²
  • Land Area: 91m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 18/07/2024 91m2 91m2 $380,000
Premium Tenanted Investment - Fully Fitted 91sqm* Office + Balcony

RWC Gold Coast is pleased to present 1505/56 Scarborough Street, Southport to the market for immediate sale. Situated within Southport Central and secured with a lease trail until 31 March 2026 presenting an opportunity to acquire a prominent CBD office asset in one of Australia's most competitive office markets. This fully fitted 91m2* office space is 100% leased and benefits from a modern internal fit-out with design and configuration at the forefront delivering A-grade finishes including a welcoming reception and waiting area, flowing into an open plan working area while providing a generous-sized meeting room, an executive office, an exclusive 6m2 balcony and modern internal kitchenette. This suite is further complemented with one allocated car park. The suite is offered as a tenanted investment generating an approximate annual income of $31,200.00 + GST on a three (3) year term effective from 01/04/2023 with a three (3) year option - an ideal entry-level commercial investment. Located in the heart of the central CBD, this property offers direct proximity to the Legal Precinct, various professional services, transportation infrastructure, M1 access, and ample staff amenities.

• 91m2* of modern office space + 6m2* exclusive balcony
• Practical, configuration and fit-out
• One (1) on-site car parks
• 4% annual rent increases
• Suited to an array of uses
• Southport CBD location with access to surrounding CBD's, commercial centres and staff amenities
• To be sold as a tenanted investment
• Offices of this calibre seldom come available within the Towers - do not miss this opportunity

Please contact the exclusive 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
Retail $8559 $387 4.53%
Offices $6349 $344 5.41%
Industrial $5051 $203 4.02%
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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