16/105-107 Scarborough Street,
Southport, QLD 4215
Shops & Retail
Price information
Sold
$3,950,000
Key property information
Floor area
Tenure type
Sold on
Map of 16/105-107 Scarborough Street
Circa 9% Return With National Tenant
* Brand new 3 + 3 year term, existing tenant since July 2007
* $417,252* Net annual Income, 3% fixed annual increases reviews
* 1,276m2* ground floor lettable area with approval for an additional 156.6m²* mezzanine area
* 20 secure basement car parks
* Easily managed single tenant investment in a prime CBD location
* Fully leased to Endeavour College of Natural Medicine Pty Ltd (subsidiary of Study Group International, an international corporation backed by private equity)
* Education and training facility offering full bachelor degrees and honors programs
* Modern and well equipped fit out
* Within busy Retail / Office precinct surrounded by banks and national retailers
* Positioned very close to Australia Fair (undergoing redevelopment), the newly redeveloped Broadwater Parklands and China Town.
* Gold Coast Rapid Transit/Nerang Street station within two hundred (200) metres*
* Easily managed single tenant investment in a prime CBD location
Auction
11am, Thursday 27th October 2016
Gold Coast Turf Club, Bundall
Steven King 0417 789 599
*Approximately
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.
* $417,252* Net annual Income, 3% fixed annual increases reviews
* 1,276m2* ground floor lettable area with approval for an additional 156.6m²* mezzanine area
* 20 secure basement car parks
* Easily managed single tenant investment in a prime CBD location
* Fully leased to Endeavour College of Natural Medicine Pty Ltd (subsidiary of Study Group International, an international corporation backed by private equity)
* Education and training facility offering full bachelor degrees and honors programs
* Modern and well equipped fit out
* Within busy Retail / Office precinct surrounded by banks and national retailers
* Positioned very close to Australia Fair (undergoing redevelopment), the newly redeveloped Broadwater Parklands and China Town.
* Gold Coast Rapid Transit/Nerang Street station within two hundred (200) metres*
* Easily managed single tenant investment in a prime CBD location
Auction
11am, Thursday 27th October 2016
Gold Coast Turf Club, Bundall
Steven King 0417 789 599
*Approximately
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.
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Property ID: 502124422Last Updated: 27 Dec 2016
07 5538 15...
16/105-107 Scarborough Street
Southport, QLD 4215
RWC - Gold CoastLevel 2, 50 Cavill Avenue
SURFERS PARADISE, QLD 4217
SURFERS PARADISE, QLD 4217
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