78-86 Nerang Street,
Southport Queensland 4215
Price: Offer at $20,000,000
Southport CBD Development Site - The best site on the Gold Coast?
This is potentially the best development site available on the Gold Coast and is certainly worthy of some serious consideration. Here are the facts....
- 5965* sqm site area
- Current improvements include a NLA of 3771 sqm
- Current net income $1,034,000 per annum
- Currently tenanted by BMW and Mini with existing lease set to expire end 2019 (extension possible)
- Zoned Southport Priority Development Area - Precinct 1 - CBD
- Superb central location with access to transport hubs
This centrally located site provides a perfect opportunity for both initial holding rental return and development potential being that the site is located on the corners of Nerang Street, High Street and Suter Street affording the site extraordinary street frontage, prominence in the area and potentially spectacular views of the Broadwater, seaway and ocean. Given the broad range of development rights and unlimited height restrictions, developers have quite literally an opportunity to design something truly iconic within this precinct.
So, what can you build here.... literally almost anything and almost as BIG as you want. Think of perhaps...
The Gold Coast version of the Burj Khalifa Hotel
The largest Corporate Headquarters in Queensland
A very tall residential tower with spectacular views
A mixed use development incorporating retail, office and residential
Call or contact Gary to discuss the opportunity and for any additional requirements.
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