OFF MARKET

50B Nerang Street
Southport QLD 4215

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 39m2
Land area: 71m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 50b Nerang St, Southport

Building Type
Commercial
Floor Size
39m2
Land Size
71m2
Local Government
Gold Coast City
Lot/Plan
5/RP110370

Last Listing description (March 2025)

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)
- Only a one-minute walk to Australia Fair Shopping Centre and only a few steps away from the centre of Chinatown.
- With 3 x Street Frontage and with the 40-storey height limit* (STCA) this has fantastic future development upside for any astute investors.
- Don't miss out on this golden opportunity!

For more information or to arrange a private inspection, please contact the exclusive marketing agents Josh Cameron on 0497 885 939 or Jackson Rameau on 0438 451 112.

Disclaimer:
RWC Gold Coast has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers/lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as RWC Gold Coast divisions toward the recipient with regard to the use of this information and all information given is given without responsibility. This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 50b Nerang St, Southport, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$434,500
10 Feb 2003
Listed for Rent
$999/w
30 Jan 2013
  • 13 Mar 2025
    Sold
  • 14 Oct 2024
    Listed for Sale For Sale: $1,599,000
  • 08 Mar 2021
    Listed for Sale Expression of Interest
Sign in to see more transactions

Commute Calculator

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 19,821 properties. Over the last 5 years, Houses in Southport have seen a 70.44% increase in median value, while Units have seen a 100.03% increase. As at 28 February 2025:

  • The median value for Houses in Southport is $1,067,045 while the median value for Units is $731,700.
  • Houses have a median rent of $750 while Units have a median rent of $680.
There are currently 288 properties listed for sale, and 127 properties listed for rent in Southport on OnTheHouse. According to CoreLogic's data, 1044 properties were sold in the past 12 months in Southport.

Suburb Insights for Southport 4215

Market Insights
Southport Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Southport Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all liability for any loss or damage arising in connection with the data and information contained in this publication.