SOLD
Sold on 22 May 2024 for $1,400,000

11/19 Brolga Avenue
Southport QLD 4215

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 298m2
Land area: 296m2
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Property Details for 11/19 Brolga Ave, Southport

Building Type
Commercial
Year Built
1985
Floor Size
298m2
Land Size
296m2
Local Government
Gold Coast City
Lot/Plan
11/BUP104226

Last Listing description (June 2024)

Michael Willems, Travis Brown & Matt Taylor from Ray White Commercial as the exclusive marketing agents present units 2 & 11/19 Brolga Avenue, Southport to be sold separately via Public Auction. The tightly held "Brickworks Annex" resides along the Ferry Road precinct and is home to a multitude of national tenants (Porsche, Bentley, Maserati, McDonald's, Hungry Jack's, KFC, TK MAXX). With easy access to major arterial roads, schools and businesses this property is not to be missed! Absolutely will be sold!

2/19 Brolga Avenue, Southport

Key Features Include:

- Net income Income $84,188* + Outgoings
- Current 5-year lease with 1 X 5 year option.
- Occupied by long-term tenant 'Hurley Burley Toys'
- Market rent review at the start of the 5-year option.
- Ferry Road precinct
- 296m* floor area
- Front and rear access
- Well presented showroom
- Front of complex
- Bathroom amenities
- 3 exclusive carparks
- To be sold separately
- Absolutely will be sold!

11/19 Brolga Avenue, Southport

Key Features Include:
- Net income $76,011.84* + GST + Outgoings
- Current 10 year lease with 2 X 5 year options
- Currently occupied by National Tenant 'Actrol' since 2017
- Bathroom amenities
- Front and rear access
- 296m floor area
- Ferry Road precinct
- Front of Complex
- 3 exclusive car parks
- To be sold separately
- Absolutely will be sold!

First time offered for sale in 25 years

*Approximately

This property will be sold via Public Auction to be held at 11am Wednesday 22 May 2024 at the Gold Coast Turf Club, Racecourse Drive, Bundall QLD

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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, advice 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 11/19 Brolga Ave, Southport, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$1,400,000
22 May 2024
  • 22 May 2024
    Sold for $1,400,000
  • 23 Apr 2024
    Listed for Sale Auction - Wednesday 22nd May 2024 at 11AM
  • 02 Feb 1999
    Sold for $315,000

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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 134 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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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.