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27 Garden Street, Southport, QLD, 4215
Tenanted Investment

Property Highlights

Long Term Private Education Tenant

Tony Grbcic & Adam Grbcic from Kollosche Commercial are proud to present the Imagine Education, Southport Central Campus to the market.

Offering a combined 9 lots and occupying the entire first and second floor of the Southport Central Commercial Tower (Stage 4), situated at 27 Garden Street, Southport ('The Property').

The property offers the pole position in the Southport Central Commercial Precinct and is situated opposite the Tower 3 Commercial Tower entrance. The entrance into Stage 4 is located in middle of the 3 towers and has an attractive and visible presence to the retail precinct. The offering includes all lots within this stage of the building, and as such has an exclusive entry from the ground floor and exclusive use of all foyers, common areas a lift.

The property offers the following key attributes:

- 9 Individual titles, forming one tenancy and purposely fitted for education purposes.

- The 9 titles include: lots 30110-30114, 30214-30217

- Exclusive access to lifts, foyers and amenities on level 1 and 2

- Total Gross Floor Area of 848m2*

- Total Car Parks on Title: 9 basement car parks

The property is currently tenanted by Imagine Education Australia, an education provider who have four campuses in Queensland, providing a secure and blue-chip investment opportunity.

The Investment Opportunity:

- New 5-year lease (commencing 2023)

- Net Income: $360,000* + GST

- Tenant pays 100% outgoings

- Established company with strong trading history

Currently one of the largest privately owned education companies in Australia, Imagine Education operate as an International Vocational Education and Training Centre with campus' in Southport, Ashmore and Brisbane City. The company is known for its state-of-the-art technology and well recognised courses that specialise in hospitality, children services, business, automotive, community services and English. The Southport Campus is ideally located to cater for

their English Schools as it has close proximity to accommodation, transport and all commercial and retail facilities.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Remember to mention you found this property on CommercialReady

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STEP 01 Finance type
Commercial Investment Finance
STEP 02 Property Address
27 Garden Street, Southport, QLD, 4215
STEP 03 Contact a finance professional

Map: 27 Garden Street, Southport, QLD, 4215

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