Peter Laoudkios and Charlie Ploetz are proud to exclusively present 73 Scarborough Street, Southport to the market.
This is a rare opportunity to secure a prime inner-city freehold asset in the heart of Southport's thriving commercial precinct. Backing directly onto the Australia Fair Shopping Centre and surrounded by high-profile national tenants including ANZ Bank and Chemist Warehouse, this property represents a stable, high-performing investment with exceptional future development upside.
Set on a 399m land parcel, the building offers 329m of Net Lettable Area, currently leased with a recently renewed 2-year agreement generating a strong return of $145,310 per annum + GST and outgoings. This income certainty, coupled with the asset's strategic position, makes it ideal for savvy investors looking for reliable yields with long-term capital growth potential.
Property Highlights:
- 329m* Net Lettable Area across a versatile commercial building
- Recently renewed 2-year lease with strong rental income: $145,310 p.a. + GST + Outgoings
- Positioned on a 399m* freehold allotment in the heart of Southport CBD
- Direct rear access to Australia Fair Shopping Centre, providing exceptional foot traffic and exposure
- Surrounded by national tenants including ANZ, Chemist Warehouse, and other major retailers
- Easy access to public transport - less than 100m to the Gold Coast Light Rail and multiple bus stops
- Zoned for high-density development, offering strong future redevelopment potential (STCA)
Whether you're looking to add a high-performing asset to your portfolio or secure a strategic site in one of the Gold Coast's most vibrant precincts, 73 Scarborough Street offers both immediate income and long-term value.
* Approx.
Remember to mention you found this property on CommercialReady
Peter Laoudkios and Charlie Ploetz are proud to exclusively present 73 Scarborough Street, Southport to the market.
This is a rare opportunity to secure a prime inner-city freehold asset in the heart of Southport's thriving commercial precinct. Backing directly onto the Australia Fair Shopping Centre and surrounded by high-profile national tenants including ANZ Bank and Chemist Warehouse, this property represents a stable, high-performing investment with exceptional future development upside.
Set on a 399m land parcel, the building offers 329m of Net Lettable Area, currently leased with a recently renewed 2-year agreement generating a strong return of $145,310 per annum + GST and outgoings. This income certainty, coupled with the asset's strategic position, makes it ideal for savvy investors looking for reliable yields with long-term capital growth potential.
Property Highlights:
- 329m* Net Lettable Area across a versatile commercial building
- Recently renewed 2-year lease with strong rental income: $145,310 p.a. + GST + Outgoings
- Positioned on a 399m* freehold allotment in the heart of Southport CBD
- Direct rear access to Australia Fair Shopping Centre, providing exceptional foot traffic and exposure
- Surrounded by national tenants including ANZ, Chemist Warehouse, and other major retailers
- Easy access to public transport - less than 100m to the Gold Coast Light Rail and multiple bus stops
- Zoned for high-density development, offering strong future redevelopment potential (STCA)
Whether you're looking to add a high-performing asset to your portfolio or secure a strategic site in one of the Gold Coast's most vibrant precincts, 73 Scarborough Street offers both immediate income and long-term value.
* Approx.
Remember to mention you found this property on CommercialReady