Price Reduced: Key Chinatown Development Opportunity

46 nerang street, southport qld

Price: $2,700,000

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

Property Details

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.

Featured Details

Current Tenant Tenanted
Gross Building Area 508 sqm
Land Size 1,012 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC001956

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E

Similar Properties

  • Sold
    New 5 Year Leases – As new Buildings – Circa 8.5% Yield

    6 dooley street, park avenue qld

  • Sold
    Gold Coast As New Service Centre – High Profile – Fuel + Fast Food

    2 riverview road, nerang qld

  • Sold
    Brand New 15 Year Lease to 2033 + Options to 2053 Highly Experienced Operator!

    1 mary street, kingston qld