An incredibly rare opportunity to buy a fully leased freehold commercial investment, located in Gold Coasts CBD suburb of Southport. The property consists of:
4 x commercial tenancies- each occupied by a long term tenant
Freehold land parcel of 506m2
The property boasts a high occupancy record and is very easy to lease when a vacancy arises.
The tenants are currently on periodic agreements, which can provide excellent versatility to the purchaser should you want to occupy, renovate or redevelop. Alternatively the existing tenants have indicated a desire to continue their tenure.
Located just off Southport Nerang Road in a vibrant commercial precinct currently undergoing an impressive transformation, the property will offer a diverse range of future development opportunities.
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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 20,372 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:
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