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Scarborough Centre, 89 Scarborough Street, Southport, QLD, 4215
Southport
• NLA – 1932sqm over 5 Levels plus basement parking.
• 96% leased with only 110sqm vacant.
• Gross income = $820,923.74pa + GST.
• Annual outgoings = $225,188.73 (2023-2024 actual).
• High Profile CBD position.
• 80m to Australia Fair Shopping Centre.
• Positioned across the road from a Gold Coast Light Rail Station and major bus interchange.
• Recent capital expenditure included new lift, new air conditioning, electrical wiring, new retail shop fronts, new roof, LED lighting in all tenancies and common areas, new double-glazed windows on all levels to reduce noise and heat, installed disabled bathrooms and ambulant bathrooms, replaced fire panel/alarms/sensors and PA plus security cameras on every floor.
• There is absolutely nothing to do - all the works in upgrading the building has been completed.
• 0.0 Star Nabers Energy Rating.
• Potential to uplift the income.
Contact exclusive agent Doug Garvie for an IM and further details
Remember to mention you found this property on CommercialReady
• NLA – 1932sqm over 5 Levels plus basement parking.
• 96% leased with only 110sqm vacant.
• Gross income = $820,923.74pa + GST.
• Annual outgoings = $225,188.73 (2023-2024 actual).
• High Profile CBD position.
• 80m to Australia Fair Shopping Centre.
• Positioned across the road from a Gold Coast Light Rail Station and major bus interchange.
• Recent capital expenditure included new lift, new air conditioning, electrical wiring, new retail shop fronts, new roof, LED lighting in all tenancies and common areas, new double-glazed windows on all levels to reduce noise and heat, installed disabled bathrooms and ambulant bathrooms, replaced fire panel/alarms/sensors and PA plus security cameras on every floor.
• There is absolutely nothing to do - all the works in upgrading the building has been completed.
• 0.0 Star Nabers Energy Rating.
• Potential to uplift the income.
Contact exclusive agent Doug Garvie for an IM and further details
Remember to mention you found this property on CommercialReady
Scarborough Centre, 89 Scarborough Street, Southport, QLD, 4215
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
