8 Davenport Street, Southport, QLD 4215 | Property Value & History | OnTheHouse
OFF MARKET

8 Davenport Street
Southport QLD 4215

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 140m2
Land area: 146m2
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Property Details for 8 Davenport St, Southport

Building Type
Commercial
Floor Size
140m2
Land Size
146m2
Local Government
Gold Coast City
Lot/Plan
23/RP110370

Last Listing description (February 2023)

Tony Grbcic and Adam Grbcic, at Kollosche Commercial, are proud to present to the market 8-10 Davenport Street, Southport.

Situated in the centre of the China Town Precinct, the property offers a freehold opportunity comprising a single level, retail building which occupies a land area of 146m. The Property has a total net lettable area of 146m.

Currently fitted as a restaurant, the property fit-out comprises;

-Rear Kitchen area which comprises an exhaust canopy and rear access or deliveries and staff entry
-Service Area which comprises a wet bar
-Open plan seating with 1 x exclusive/private room for functions or parties
-Built in service area to the front of Davenport Street

Although currently fitted as a restaurant, the property is suitable and zoned for an array of commercial and retail uses, making it ideal for investors or owner occupiers seeking the opportunity to purchase in the tightly held China Town Precinct.

China Town is well supported with local council initiatives and funding and therefore will continue to be a draw card for tenants and/or businesses looking to establish themselves in this precinct.

Currently the property is tenanted on a month-by-month basis and can offer vacant possession with a 30-day notice period by either party. Therefore suiting either the owner occupier or investor looking to negotiate new lease terms with the current tenant or open market.

The property is going to be sold at Auction In-rooms at Kollosche Headquarters, Wednesday the 22nd of February 2023 at 2pm.

Don't miss this fantastic opportunity situated within walking distance to the Light Rail network, a major bus interchange and everything Southport has to offer.

For all enquiries contact the exclusive marketing agents Adam or Tony Grbcic from Kollosche Commercial.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Due to QLD legislation which prohibits a seller or agent providing a price guide for auction properties, a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide.

Property History for 8 Davenport St, Southport, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$1,385,000
22 Feb 2023
Listed for Rent
$3.83k/w
17 Jul 2018
  • 22 Feb 2023
    Sold for $1,385,000
  • 23 Jan 2023
    Listed for Sale SOLD - $1,385,000
  • 17 Jul 2018
    Listed for Rent - Price not available
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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 20,372 properties. Over the last 5 years, Houses in Southport have seen a 63.50% increase in median value, while Units have seen a 100.57% increase. As at 31 August 2026:

  • The median value for Houses in Southport is $1,262,877 while the median value for Units is $869,201.
  • Houses have a median rent of $875 while Units have a median rent of $745.
There are currently 286 properties listed for sale, and 115 properties listed for rent in Southport on OnTheHouse. According to Cotality's data, 966 properties were sold in the past 12 months in Southport.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.