SOLD
Sold on 25 Jul 2024 for $900,281

92A Minnie Street
Southport QLD 4215

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 726m2
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Property Details for 92a Minnie St, Southport

Building Type
Commercial
Land Size
726m2
Local Government
Gold Coast City
Lot/Plan
3/RP88652

Last Listing description (September 2022)

This rare opportunity to invest, develop or occupy a low impact industrial site in a prime location in Southport. This offering has potential for an investor to keep the currents tenants and sign brand new leases, clear the land and develop a strata unit complex (STCA) or occupy the space. The motivated owner has made it clear that this property must be sold.

* 2,137m2* total site area
* 473m2* total building area

* Three blocks to be sold in one line
* 88A - 685m2* land area
* 90B - 726m2* land area
* 92A - 726m2* land area

* Current holding income of $66,000 + GST + Outgoings (Tenants pay all outgoings)
* The three blocks currently hold a small house, an office space and a warehouse
* Low Impact Industry zoning
* Major development upside for strata-titled units (Subject To Council Approval)
* Neighbouring Jaguar & Land Rover dealership
* 5 minute drive to Smith Street Motorway
* Motivated owner, clear instructions to sell on or before auction day.

*approx
Please contact agent for more details by clicking on the link above.

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 92a Minnie St, Southport, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$900,281
25 Jul 2024
  • 25 Jul 2024
    Sold for $900,281
  • 05 Nov 2021
    Sold for $500,000
  • 25 Jun 2021
    Listed for Sale Auction Thursday 29 July at 11am
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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 19,529 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 247 properties listed for sale, and 134 properties listed for rent in Southport on OnTheHouse. According to CoreLogic's data, 1030 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.