46 Nerang Street,
Southport, QLD 4215

Colliers is pleased to present 46 Nerang Street, a multi tenanted CBD retail opportunity positioned within the inner core of the Southport CBD and Chinatown precinct on 1,012m²* of developable land.

Offering a diversified holding income from 5 retail shops plus rear workshops, the holding boasts 21m of retail frontage to Nerang Street and onsite rear parking accessed via Davison Lane.

Positioned immediately next to the Nerang Street Light rail station, this precinct offers generous zoning and unlimited height provisions under the Southport PDA, presenting exceptional future re-development potential.

Surrounded by excellent retail and lifestyle amenity, property features include:

- 5 retail shops + rear work shops
- 480m²* lettable area
- 1,012m²* land area
- Generous zoning and height provisions under the Southport PDA
- Major development upside : PDA – Precinct 1 CBD: No height limit
- Core CBD position within Chinatown Precinct
- $152,966 gross holding income
- Directly opposite Nerang Street Light Rail station
- Fully leased with holding income
- On-site rear parking for 7 cars
- Very close to the dominant Australia Fair Shopping Centre comprising over 200 retailers
- Opportunity to develop, landbank or hold and capitalise.
- Motivated seller, will be sold

Contact Collier’s exclusive agent Steven King +61 417 789 5... for more information

* all figure are approximate.
~ outlines indicative only.