SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Price Reduced: Key Chinatown Development Opportunity

46 Nerang Street , Southport QLD

Property Highlights

Major Price Reduction
Landmark 1,012sqm Retail Site
Priority Development Area Zoning

Description

Landmark 1,012sqm retail site in Southport CBD/Chinatown precinct with important rear access via Davidson Lane.
Includes 5 retail shops with combined 21m retail frontage to Nerang Street.
Central position, 65 metres to the dominant Australia Fair Shopping Centre comprising over 200 retailers across 60,000 sqm.
Immediate access to Southport Light Rail Station, part of the biggest transport infrastructure project ever undertaken on the Gold Coast.
Priority Development Area Zoning – Precinct 1 CBD: No height limit.
Develop, landbank or hold and capitalise.
Booming Gold Coast: $5 billion in infrastructure and development in preparation for the 2018 Commonwealth Games (City of Gold Coast).
Holding income to 2019/2020.
Genuine vendor.

For Sale by Private Treaty.

Property Details

Listing
Sale
Current Tenant
Tenanted
Land Size
1,012 SQM
Building Area
508 SQM

Price

$2,700,000

Contact Agent

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