12 Short Street,
Southport, QLD 4215
Offices • Other
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Car spaces
Property extent
Tenure type
Sold on
CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle StreetBRISBANE CITY, QLD 4000
12 Short Street
Southport, QLD 4215
Map of 12 Short Street
Multi-Tenanted Office Building with Value Add and Development Potential
- 100%** leased to quality tenants
- Reliable returns and rental increases
- Strong office leasing fundamentals
Colliers and CBRE are pleased to present for sale a prominent corporate office building in the heart of Southport. We are offering For Sale via expressions of interest closing Wednesday 21 June 2023, 4pm (AEST).
Highlights of the opportunity include:
• Fully leased asset with strong rental increases
• 2,838sqm* NLA with central core configuration (0 Star NABERS rating)
• 100%** leased - $996,709* p.a. estimated net income
• Reliable returns through staggered lease expiries
• Prime 2,001sqm* corner site
• New Development Approval to increase GFA by 59%*
• Ideal 1:45sqm* car parking ratio for tenant attraction
Capitalise on the Gold Coast office leasing market that now boasts one of the lowest vacancy rates in the country now sitting at just 6%*. Gross face rents have increased 4.3%* in the second half of 2022 and the area is predicted to be undersupplied by 2025 with no new office product set for completion.
For further information, contact the exclusive marketing agents at Colliers and CBRE today.
* Approximate
** Subject to conversion of HOA into lease
Highlights of the opportunity include:
• Fully leased asset with strong rental increases
• 2,838sqm* NLA with central core configuration (0 Star NABERS rating)
• 100%** leased - $996,709* p.a. estimated net income
• Reliable returns through staggered lease expiries
• Prime 2,001sqm* corner site
• New Development Approval to increase GFA by 59%*
• Ideal 1:45sqm* car parking ratio for tenant attraction
Capitalise on the Gold Coast office leasing market that now boasts one of the lowest vacancy rates in the country now sitting at just 6%*. Gross face rents have increased 4.3%* in the second half of 2022 and the area is predicted to be undersupplied by 2025 with no new office product set for completion.
For further information, contact the exclusive marketing agents at Colliers and CBRE today.
* Approximate
** Subject to conversion of HOA into lease
Explore property virtually
Video
Property ID: 504329068Last Updated: 24 Oct 2023
CBRE - BrisbaneWaterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
CBRE - Gold CoastLevel 18, 50 Cavill Avenue
SURFERS PARADISE, QLD 4217
SURFERS PARADISE, QLD 4217
Colliers - BrisbaneLevel 30, 111 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
More properties from CBRE - Brisbane
Other properties you might be interested in based on the location and property type you are looking at.
