Your email has been sent.
56 Scarborough St - Southport Central Twr 807 SF Retail Condo Unit Offered at $540,338 in Southport, QLD 4215
Investment Highlights
- Southport Central is a multi-purpose development, comprising three impressive towers with integrated shopping and commercial precincts.
Executive Summary
Southport Central is a multi-purpose development, comprising three impressive towers with integrated shopping and commercial precincts.
1 Unit Available
Unit 406
| Unit Size | 807 SF | Sale Type | Investment |
| Price | $540,338 | Cap Rate | 4.00% |
| Price Per SF | $669.56 | NOI | $21,613.50 |
| Condo Use | Retail |
| Unit Size | 807 SF |
| Price | $540,338 |
| Price Per SF | $669.56 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 4.00% |
| NOI | $21,613.50 |
Description
Strategically located within the Southport Central precinct, this property offers exceptional street exposure and is positioned directly opposite Australia Fair Shopping Centre, home to major retailers such as Woolworths, JB Hi-Fi, and Event Cinemas.
The property comprises 75 m² of retail space and is part of a vibrant mixed-use development featuring 788 residential apartments, 350 commercial offices, and 64 retail tenancies. It is currently secured by a well-established tenant on a 3-year lease expiring 31 March 2028, with a further 3-year option. The tenant pays 100% of outgoings, providing a landlord-favorable net lease structure.
With strong surrounding amenities, excellent public transport connectivity, and a thriving local population, this property represents a rare opportunity to acquire a tenanted retail asset in one of the Gold Coast’s most dynamic growth corridors.
Sale Notes
Premium retail shop in Southport Central precinct. High-exposure location opposite Australia Fair Shopping Centre. Tenant pays 100% of outgoings; net lease structure.
Store Frontage
Store Frontage
Atrium Access to store
Property Facts
| Total Building Size | 406,844 SF | Floors | 41 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 9,923 SF |
| Property Subtype | Apartment | Year Built | 2006 |
| Building Class | A | Lot Size | 4.47 AC |
| Total Building Size | 406,844 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | A |
| Floors | 41 |
| Typical Floor Size | 9,923 SF |
| Year Built | 2006 |
| Lot Size | 4.47 AC |
Amenities
Site Amenities
- Controlled Access
- Pool
- Spa
- Elevator
Presented by
56 Scarborough St - Southport Central Twr
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.