Colliers and MP Commercial are pleased to offer 56 Nerang Street, Southport for sale.
Key attributes:
- Secure ASX Listed Income: 100% leased to NextEd Ltd (ASX:NXD), a leading national provider of vocational and higher education.
- Compelling Lease Profile: Secure net lease structure with a 7.5 year WALE* (by area & income) as at 23 March 2026.
- Established & Growing Cash Flow: Net income of $1,147,946* per annum with CPI linked rent reviews (3.5% - 4.75%), providing embedded income growth.
- Substantial Recent Capex (Circa $4.5M*): including essential services such as HVAC, fire, tenant amenities and fitout, with minimal forecast capital expenditure.
- Strategic Holding: Prominent 2,208 sqm* freestanding building with 25* on site car parks on a 944 sqm* site.
- Premier Connectivity: Prime Southport CBD location directly on the 27km, Gold Coast Light Rail network (Helensvale to Burleigh), providing seamless access across the coastal corridor and direct connectivity to Brisbane via Heavy, Pedestrian Rail at Helensvale
- Strong Market Fundamentals: Positioned in a tight office market with only 8.1% vacancy, underpinned by Southport’s status as the Gold Coast’s primary CBD and its designation as a Priority Development Area (PDA).
-Infrastructure Spend: Benefitting from major South East Queensland investment, including Light Rail extensions and the Logan & Gold Coast Faster Rail program, enhancing connectivity between Brisbane and the Gold Coast.
56 Nerang Street is being offered For Sale via Expressions of Interest closing 4pm (AEST) on Thursday 23 April 2026.
If you would like further information or would like to arrange an inspection or access to the due diligence material, please contact the exclusive selling agents:
Steven King - Colliers | 0417 789 599
Mike Walsh - MP Commercial | 0401 059 059 741
Peter Court - MP Commercial | 0402 479 925
*Approximately.
^Outlines indicative only.
Remember to mention you found this property on CommercialReady
Colliers and MP Commercial are pleased to offer 56 Nerang Street, Southport for sale.
Key attributes:
- Secure ASX Listed Income: 100% leased to NextEd Ltd (ASX:NXD), a leading national provider of vocational and higher education.
- Compelling Lease Profile: Secure net lease structure with a 7.5 year WALE* (by area & income) as at 23 March 2026.
- Established & Growing Cash Flow: Net income of $1,147,946* per annum with CPI linked rent reviews (3.5% - 4.75%), providing embedded income growth.
- Substantial Recent Capex (Circa $4.5M*): including essential services such as HVAC, fire, tenant amenities and fitout, with minimal forecast capital expenditure.
- Strategic Holding: Prominent 2,208 sqm* freestanding building with 25* on site car parks on a 944 sqm* site.
- Premier Connectivity: Prime Southport CBD location directly on the 27km, Gold Coast Light Rail network (Helensvale to Burleigh), providing seamless access across the coastal corridor and direct connectivity to Brisbane via Heavy, Pedestrian Rail at Helensvale
- Strong Market Fundamentals: Positioned in a tight office market with only 8.1% vacancy, underpinned by Southport’s status as the Gold Coast’s primary CBD and its designation as a Priority Development Area (PDA).
-Infrastructure Spend: Benefitting from major South East Queensland investment, including Light Rail extensions and the Logan & Gold Coast Faster Rail program, enhancing connectivity between Brisbane and the Gold Coast.
56 Nerang Street is being offered For Sale via Expressions of Interest closing 4pm (AEST) on Thursday 23 April 2026.
If you would like further information or would like to arrange an inspection or access to the due diligence material, please contact the exclusive selling agents:
Steven King - Colliers | 0417 789 599
Mike Walsh - MP Commercial | 0401 059 059 741
Peter Court - MP Commercial | 0402 479 925
*Approximately.
^Outlines indicative only.
Remember to mention you found this property on CommercialReady
56 Nerang Street, Southport, QLD, 4215
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