60 High StreetSouthport QLD 4215
Property Details for 60 High St, Southport
Last Listing description (April 2026)
CLARK Commercial present the iconic 'Hot Tomato House' at 60 High Street, Southport to the market for sale by Offers to Purchase.
Fully leased to A-grade covenants 'Hot Tomato 102.9 FM', State Government agencies: BreastScreen Queensland and Department of Treasury, and Multicultural Communities Council Gold Coast Ltd, 60 High Street delivers a robust cash flow investment positioned for significant growth. Recent major enhancements have elevated the property's functionality and aesthetics, attracting, and retaining key tenants, providing a modern commercial hub for its occupants to thrive.
Prominently located adjoining the prestigious St Hilda's Private School Campus and Gold Coast Audi Centre, with exposure to 25,000* passing vehicles daily, Hot Tomato House offers a stable, high-cash-flow investment, in a market buoyed by strong tenant demand and development restraints limiting supply.
KEY INVESTMENT HIGHLIGHTS
4,024sqm land area
3,495sqm* NLA
95 car spaces over two levels (1/36sqm NLA)
Fully leased passing net income: $1,468,935* per annum
Further income growth possible via rent reversion and utilising carpark vacancies
Improved 4.5-star NABERS Energy Rating
Recent major CAPEX program to improve functionality
Large 1,400sqm GFA floor plates on two levels plus ground floor of 928sqm.
Significant corridor for commercial, retail, and residential high-rise development.
Zoned: Mixed Use - Fringe Business
Hot Tomato Radio has a significant fitout and telecommunications infrastructure including:
35m Transfield monopole antenna with direct line of site to Mt Tamborine
D330 generator rated at 75KVA
Engineering upgrades have increased floor loading in BreastScreen Queensland
* Approx
To arrange a property inspection, please contact the exclusive marketing agents Steve Clark & James Brown of CLARK Commercial.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate and accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracy, or misstatements that may occur. Prospective vendors, Purchasers and Tenants should make their own enquiries to verify the information contained herein.
Property History for 60 High St, Southport, QLD 4215
- 23 Mar 2026Sold for $17,800,000
- 08 May 2025Listed for Sale EOI Closing 4pm Wednesday 6th March
- 13 Aug 2024Listed for Sale EOI Closing 4pm Wednesday 6th March
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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 20,350 properties. Over the last 5 years, Houses in Southport have seen a 73.78% increase in median value, while Units have seen a 115.30% increase. As at 30 June 2026:
- The median value for Houses in Southport is $1,287,465 while the median value for Units is $869,457.
- Houses have a median rent of $850 while Units have a median rent of $725.
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