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89 Scarborough Street, Southport, QLD 4215
Tenanted Investment for Sale in Prime CBD position
• NLA – 1932sqm over 5 Levels plus basement parking. • 96% leased with only 110sqm vacant. • Gross income = $820,923.74pa + GST. • Annual outgoings = $225,188.73 (2023-2024 actual). • High Profile CBD position. • 80m to Australia Fair Shopping Centre. • Positioned across the road from a Gold Coast Light Rail Station and major bus interchange. • Recent capital expenditure included new lift, new air conditioning, electrical wiring, new retail shop fronts, new roof, LED lighting in all tenancies and common areas, new double-glazed windows on all levels to reduce noise and heat, installed disabled bathrooms and ambulant bathrooms, replaced fire panel/alarms/sensors and PA plus security cameras on every floor. • There is absolutely nothing to do - all the works in upgrading the building has been completed. • 0.0 Star Nabers Energy Rating. • Potential to uplift the income. Contact exclusive agent Doug Garvie for an IM and further details
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More Properties from Republik Property Partners - SOUTHPORT
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89 Scarborough Street, Southport, QLD 4215
Tenanted Investment for Sale in Prime CBD position
• NLA – 1932sqm over 5 Levels plus basement parking. • 96% leased with only 110sqm vacant. • Gross income = $820,923.74pa + GST. • Annual outgoings = $225,188.73 (2023-2024 actual). • High Profile CBD position. • 80m to Australia Fair Shopping Centre. • Positioned across the road from a Gold Coast Light Rail Station and major bus interchange. • Recent capital expenditure included new lift, new air conditioning, electrical wiring, new retail shop fronts, new roof, LED lighting in all tenancies and common areas, new double-glazed windows on all levels to reduce noise and heat, installed disabled bathrooms and ambulant bathrooms, replaced fire panel/alarms/sensors and PA plus security cameras on every floor. • There is absolutely nothing to do - all the works in upgrading the building has been completed. • 0.0 Star Nabers Energy Rating. • Potential to uplift the income. Contact exclusive agent Doug Garvie for an IM and further details
Floorplans & Interactive Tours
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