The Jared Johnson Team from Coastal Commercial is pleased to present this unique opportunity to lease or purchase a freestanding commercial building in the heart of the Southport CBD. The property is currently configured with a comprehensive hospitality and culinary fit-out (ideal for an RTO) featuring fully equipped commercial kitchens, multiple cooktop grills, deep fryers, high-grade ovens, as well as dedicated freezer and chiller rooms.
The subject property is situated on Nerang Street and sits within the special purpose, special development areas precinct zone code. The property also falls within the Priority Development Area (PDA) of Southport which was put in place to simplify development and promote business infrastructure within the inner city.
The size of Southport is approximately 14.6 square kilometres. There are 37 parks, covering nearly 18.2% of the total area. The population of Southport in 2016 was 31908 people. By 2021 the population was 36786 showing a population growth of 15.3% in the area during that time. The predominant age group in Southport is 20-29 years. Households in Southport are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Southport work in a professional occupation.In 2021, 38.30% of the homes in Southport were owner-occupied compared with 37.90% in 2016.
Southport has 20,343 properties. Over the last 5 years, Houses in Southport have seen a 75.78% increase in median value, while Units have seen a 121.43% increase. As at 31 May 2026:
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