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13 Nerang St 8,773 SF Retail Building Southport, QLD 4215 $2,894,800 ($329.98/SF) 7.50% Cap Rate



Investment Highlights
- Two-storey freehold building with strong street frontage and high visibility.
- Zoned for multiple uses including retail, office, medical, and education.
- Excellent connectivity with nearby light rail and public transport options.
- Currently leased, generating $300,000 annual rental income with flexible terms.
Executive Summary
This two-storey freehold commercial building presents a rare opportunity in the heart of Southport’s CBD, offering exceptional exposure along Nerang Street. Positioned opposite Australia Fair Shopping Centre and within walking distance of the Scarborough Street Light Rail Station, the property benefits from high pedestrian and vehicular traffic, ensuring strong visibility for any business.
The building has been tastefully refurbished with an old English theme, blending character with modern functionality. Zoned for a wide range of uses, it accommodates retail, professional offices, medical or dental clinics, education and training facilities, and fitness centers. Currently leased and generating approximately $300,000 in annual rental income, the property offers immediate returns with flexible lease terms, making it an attractive proposition for both investors and owner-occupiers.
Surrounded by established retail, corporate offices, and lifestyle amenities, this asset is strategically located to capitalize on Southport’s ongoing growth and urban renewal. Its proximity to major transport links, including the light rail, enhances accessibility for staff and clients. Whether you are seeking a secure investment or a prominent business location, this property delivers long-term value in one of the Gold Coast’s most dynamic commercial hubs.
The building has been tastefully refurbished with an old English theme, blending character with modern functionality. Zoned for a wide range of uses, it accommodates retail, professional offices, medical or dental clinics, education and training facilities, and fitness centers. Currently leased and generating approximately $300,000 in annual rental income, the property offers immediate returns with flexible lease terms, making it an attractive proposition for both investors and owner-occupiers.
Surrounded by established retail, corporate offices, and lifestyle amenities, this asset is strategically located to capitalize on Southport’s ongoing growth and urban renewal. Its proximity to major transport links, including the light rail, enhances accessibility for staff and clients. Whether you are seeking a secure investment or a prominent business location, this property delivers long-term value in one of the Gold Coast’s most dynamic commercial hubs.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,773 SF
Building Class
C
Price
$2,894,800
Price Per SF
$329.98
Cap Rate
7.50%
NOI
$217,110
Tenancy
Single
Building Height
2 Stories
Building FAR
1.95
Lot Size
0.10 AC
Frontage
33’ on Nerang Street
Amenities
- Air Conditioning
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13 Nerang St
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