60 High Street, Southport, QLD, 4215

CLARK Commercial present the iconic 'Hot Tomato House' at 60 High Street, Southport to the market for sale by Offers to Purchase.

Fully leased to A-grade covenants 'Hot Tomato 102.9 FM', State Government agencies: BreastScreen Queensland and Department of Treasury, and Multicultural Communities Council Gold Coast Ltd, 60 High Street delivers a robust cash flow investment positioned for significant growth. Recent major enhancements have elevated the property's functionality and aesthetics, attracting, and retaining key tenants, providing a modern commercial hub for its occupants to thrive.

Prominently located adjoining the prestigious St Hilda's Private School Campus and Gold Coast Audi Centre, with exposure to 25,000* passing vehicles daily, Hot Tomato House offers a stable, high-cash-flow investment, in a market buoyed by strong tenant demand and development restraints limiting supply.

KEY INVESTMENT HIGHLIGHTS

• 4,024sqm land area

• 3,495sqm* NLA

• 95 car spaces over two levels (1/36sqm NLA)

• Fully leased passing net income: $1,468,935* per annum

• Further income growth possible via rent reversion and utilising carpark vacancies

• Improved 4.5-star NABERS Energy Rating

• Recent major CAPEX program to improve functionality

• Large 1,400sqm GFA floor plates on two levels plus ground floor of 928sqm.

• Significant corridor for commercial, retail, and residential high-rise development.

• Zoned: Mixed Use - Fringe Business

• Hot Tomato Radio has a significant fitout and telecommunications infrastructure including:

• 35m Transfield monopole antenna with direct line of site to Mt Tamborine

• D330 generator rated at 75KVA

• Engineering upgrades have increased floor loading in BreastScreen Queensland

* Approx

To arrange a property inspection, please contact the exclusive marketing agents Steve Clark & James Brown of CLARK Commercial.

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate and accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracy, or misstatements that may occur. Prospective vendors, Purchasers and Tenants should make their own enquiries to verify the information contained herein.

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