Jackson Rameau and Josh Cameron from RWC Gold Coast are thrilled to present 50B Nerang Street, Southport. A prime commercial opportunity with unmatched exposure in the heart of Southport. With a strong net income of $86,528* p.a. + GST + outgoings and a secure lease in place until January 2028, plus a 5-year option to 2033, this property offers both stability and long-term growth potential. It is positioned on the edge of Chinatown and within a short walking distance to the Gold Coast Light Rail, Australia Fair Shopping Centre, TAFE Queensland, and a variety of restaurants, cafes, and entertainment venues. The motivated owners are committed to a sale, making this a golden opportunity for astute investors. Don't miss out!
KEY FEATURES INCLUDE:
- Net Income: 86,528 p.a + GST + Outgoings (as of Feb 2025)
- Fully leased until Jan 31st 2028 + 1x five (5) year option to 2033
- Landlord favourable fixed 4% increases
- 133sqm* lettable area across three levels
- Tenanted to long standing tenant 'Last Night on Earth'
- 2 x exclusive bathrooms
- On-street parking
- Only 50 metres* from the light rail station (G-Link Tram)
- Only a one-minute walk to Australia Fair Shopping Centre and only a few steps away from the centre of Chinatown.
- With 3 x Street Frontage and with the 40-storey height limit* (STCA) this has fantastic future development upside for any astute investors.
- Will be sold on or before auction, inviting all cash offers to be submitted
- Don't miss out on this golden opportunity!
For sale via Public Auction to be held at 11:00 am on Wednesday, 13th November 2024, at the Gold Coast Turf Club, Racecourse Drive, Bundall QLD. For more information or to arrange a private inspection, please contact the exclusive marketing agents Josh Cameron on 0497 885 939 or Jackson Rameau on 0438 451 112.
Disclaimer:
RWC Gold Coast 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 RWC Gold Coast divisions toward the recipient with regard to the use of this information and all information given is given without responsibility. This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.