Case Studies

53 Winchester Street, Southport

The subject property is a high profile 1,332m²* former car yard site.

The property is positioned prominently on the corner of Ferry Road and Winchester Street, Southport. Ferry Road is the Commercial Gateway that connects the Southport CBD to the Southern Gold Coast areas. The subject property boasts a 44 metre* frontage to Ferry Road and 23 metre* frontage to Winchester Street. The site enjoys prime exposure to both south bound and north bound traffic.

The previous use has been for a vehicle sales / display yard. It is improved with bitumen hardstand and a small demountable sales office.

The site is highly exposed to traffic and enjoys over 35,000* passing vehicles per day.

Sales Analysis*
Net Lettable Area:1,332m²
Vendor:Private Company
Sale Date:29th September 2014
Sale Process:
Process:Private Treaty
Marketing Time Frame:1 week
Marketing Budget:Nil
Sales Price:$1,150,000
Rate per square metre:$863.36/m²
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