Commercial
Southport, QLD
REF ID: LC-0142
Credit Connect Group is pleased to present a commercial building located in Southport on the Gold Coast, QLD.
Investment Overview
The security property is a freestanding, two-level mixed-use commercial building with a total Net Lettable Area (NLA) of 939 sqm. It includes a ground-floor bar and restaurant, along with three partitioned offices on the first floor. Originally built in the 1970s, the building is in good condition following a substantial refurbishment completed in 2016. It is fully fitted for commercial hospitality and office use.
The property was purchased in May 2023 for $3,000,000 and previously sold for $3,200,000 in June 2016. It is subject to 5 leases across 4 tenancies, with the gross annual rental being $315,559.29 plus GST and is currently unencumbered.
Features of the property include:
- Convenient access to major arterial roads
- Surrounding development comprises mostly commercial/retail uses
- Zoned: Special Purpose Zone
- Local Government Authority: Gold Coast City Council
The property is situated in Southport, a prominent commercial hub and recognised Central Business District (CBD) of the Gold Coast, Queensland. It lies approximately 72 km south of the Brisbane CBD.
You can begin building your private credit investment portfolio with Credit Connect Group (CCG) by investing in loans secured by Australian real estate. Information and images presented on this website are for general informational purposes only and should not be relied upon. While care has been taken, CCG does not warrant or guarantee the accuracy, completeness, or currency of such information. Full details of each investment opportunity are provided in an Information Memorandum (IM) specific to that opportunity. The IM is the only document upon which an investment decision should be based and is available exclusively to registered CCG investors. To register and obtain a copy of the IM, please complete the enquiry form below, email us at [email protected] or call 1300 795 507 to speak with our investment team.
Secure lending. smart investing.
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If you would like to know more information, fill in the form and our investment team will get back to you with further details.
- [email protected]
- 1300 795 507
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