12 Short StreetSouthport QLD 4215
Property Details for 12 Short St, Southport
Last Listing description (November 2023)
Colliers and CBRE are pleased to present for sale a prominent corporate office building in the heart of Southport. We are offering For Sale via expressions of interest closing Wednesday 21 June 2023, 4pm (AEST).
Highlights of the opportunity include:
Fully leased asset with strong rental increases
100%** leased - $996,709* p.a. estimated net income
Reliable returns through staggered lease expiries
Prime 2,001sqm* corner site
New Development Approval to increase GFA by 59%*
Ideal 1:45sqm* car parking ratio for tenant attraction
Capitalise on the Gold Coast office leasing market that now boasts one of the lowest vacancy rates in the country now sitting at just 6%*. Gross face rents have increased 4.3%* in the second half of 2022 and the area is predicted to be undersupplied by 2025 with no new office product set for completion.
For further information, contact the exclusive marketing agents at Colliers and CBRE today.
* Approximate
** Subject to conversion of HOA into lease
Property History for 12 Short St, Southport, QLD 4215
- 05 Sep 2023Sold for $13,525,000
- 22 May 2023Listed for Sale Please contact agent
- 17 Jun 2021Sold for $10,000,000
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About Southport 4215
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 20,373 properties. Over the last 5 years, Houses in Southport have seen a 68.23% increase in median value, while Units have seen a 104.47% increase. As at 31 July 2026:
- The median value for Houses in Southport is $1,266,497 while the median value for Units is $856,012.
- Houses have a median rent of $860 while Units have a median rent of $730.
Suburb Insights for Southport 4215
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