SOLD
Sold on 13 Mar 2024 for $800,000

105/2 Nerang Street
Southport QLD 4215

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 145m2
Land area: 1616m2
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Property Details for 105/2 Nerang St, Southport

Building Type
Commercial
Floor Size
145m2
Land Size
1616m2
Local Government
Gold Coast City
Lot/Plan
105/SP155586

Last Listing description (May 2024)

Fully fitted 100m2* functioning restaurant plus 45m2* exclusive use alfresco area
Prominent tenancy to ground level of Pivotal Point building boasting excellent exposure to high volumes of pedestrian traffic
Complete operational fit out with all service connections, a commercial kitchen with grease trap connection, a cold rooms and storage room

Net rent: $49,286.56* p.a + GST
5 year lease to 2027 (plus a further 5 year option)
Excellent exposure to high volumes of pedestrian traffic
2 secure parking spaces on Title
250m* to the Light Rail Station
Excellent signage opportunities
Multiple uses approved as of right through the Southport Priority Development Area scheme
-Including but not limited to office, medical, educational and recreation

*denotes approximately

Disclaimer:
Ray White 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 Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property History for 105/2 Nerang St, Southport, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$800,000
13 Mar 2024
Listed for Rent
$1.36k/w
25 May 2022
  • 13 Mar 2024
    Sold for $800,000
  • 15 Dec 2022
    Listed for Rent - Price not available
  • 25 Feb 2022
    Listed for Rent - Price not available
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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 19,536 properties. Over the last 5 years, Houses in Southport have seen a 71.54% increase in median value, while Units have seen a 97.15% increase. As at 31 October 2024:

  • The median value for Houses in Southport is $1,056,663 while the median value for Units is $718,523.
  • Houses have a median rent of $745 while Units have a median rent of $650.
There are currently 254 properties listed for sale, and 133 properties listed for rent in Southport on OnTheHouse. According to CoreLogic's data, 1020 properties were sold in the past 12 months in Southport.

Suburb Insights for Southport 4215

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Joey Ho
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Thomas Clark
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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 for any loss or damage arising in connection with the data and information contained in this publication.