FOR SALE
For Sale: $1,599,000

50B Nerang Street
Southport QLD 4215

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 133m2
Land area: 71m2
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HIGH PROFILE INVESTMENT OPPORTUNITY - DO NOT MISS OUT

Jackson Rameau and Josh Cameron from RWC Gold Coast are thrilled to present 50B Nerang Street, Southport. A prime commercial opportunity with unmatched exposure in the heart of Southport. With a strong net income of $86,528* p.a. + GST + outgoings and a secure lease in place until January 2028, plus a 5-year option to 2033, this property offers both stability and long-term growth potential. It is positioned on the edge of Chinatown and within a short walking distance to the Gold Coast Light Rail, Australia Fair Shopping Centre, TAFE Queensland, and a variety of restaurants, cafes, and entertainment venues. The motivated owners are committed to a sale, making this a golden opportunity for astute investors. Don't miss out!
KEY FEATURES INCLUDE:
- Net Income: 86,528 p.a + GST + Outgoings (as of Feb 2025)
- Fully leased until Jan 31st 2028 + 1x five (5) year option to 2033
- Landlord favourable fixed 4% increases
- 133sqm* lettable area across three levels
- Tenanted to long standing tenant 'Last Night on Earth'
- 2 x exclusive bathrooms
- On-street parking
- Only 50 metres* from the light rail station (G-Link Tram)
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Property Details for 50b Nerang St, Southport

Building Type
Commercial
Floor Size
133m2
Land Size
71m2

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About Southport 4215

The size of Southport is approximately 14.6 square kilometres. It has 37 parks covering nearly 18.2% of total area. The population of Southport in 2011 was 28,314 people. By 2016 the population was 31,879 showing a population growth of 12.6% 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 2011, 41.2% of the homes in Southport were owner-occupied compared with 37.9% in 2016.

Southport has 19,716 properties. Over the last 5 years, Houses in Southport have seen a 67.64% increase in median value, while Units have seen a 97.51% increase. As at 30 November 2024:

  • The median value for Houses in Southport is $1,058,255 while the median value for Units is $719,406.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 225 properties listed for sale, and 139 properties listed for rent in Southport on OnTheHouse. According to CoreLogic's data, 1049 properties were sold in the past 12 months in Southport.

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Jackson Rameau
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Josh Cameron
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RWC Gold Coast
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