SOLD
Sold on 08 Feb 2024 for $1,600,000

403/2 Nerang Street
Southport QLD 4215

Bedrooms: -
Bathrooms: -
Car spaces: 5
Floor area: 408m2
Land area: 1616m2
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Property Details for 403/2 Nerang St, Southport

Building Type
Commercial
Floor Size
408m2
Land Size
1616m2
Local Government
Gold Coast City
Lot/Plan
403/SP155586

Last Listing description (November 2023)

CLARK Commercial are pleased to offer the opportunity to acquire Lot 403, 2-12 Nerang Street, Southport QLD. This strata-titled office suite is situated on level four in the modern Pivotal Point Commercial Building and offers a blend of convenience, quality, and prestige for businesses and investors alike.

High profile Pivotal Point Commercial building

Total area of 429 sqm, with 408 sqm of office space and 21sqm of balconies
Ideal for owner occupiers or investors in a very tightly constrained office leasing market
Estimated fully leased net income of $182,400
Northern aspect overlooking Nerang Street and the Broadwater
Modern fit-out, showers and PWD toilets
Five (5) basement car parks
Building features commercial entry, visitor parking and dual lifts
Close to all amenities including Australia Fair, Gold Coast Aquatic Centre and Broadwater Parklands

Contact CLARK Commercial on 0400 338 434 for more information or inspection.

At CLARK Commercial our philosophy is simple: we provide a client-centric and personalised service with integrity, transparency, and authenticity. We are a team of dedicated professionals who believe in investing in our relationships to create longstanding partnerships with our clients.

As an independent agency, we deliver an end-to-end service that is seamless and hassle-free. We are agile and efficient in our processes and continuously seeking innovative ways to achieve greater results for our clients. We are hands-on, providing greater communication, creativity, and customization.

Property History for 403/2 Nerang St, Southport, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$1,600,000
08 Feb 2024
Listed for Rent
$184k/w
07 Nov 2023
  • 08 Feb 2024
    Sold for $1,600,000
  • 22 Jun 2023
    Listed for Rent $183,600 / year
  • 26 Apr 2023
    Listed for Sale OFFERS ABOVE $1.65 million!!
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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 19,533 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, 1019 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.