Southport Freehold Investment for Sale at Auction
A multi-tenanted investment opportunity in the heart of the Southport CBD on the Gold Coast is being offered for sale via auction by Ray White Commercial Gold Coast.
The freehold building with three established tenants at 111 Scarborough Street, Southport, is being marketed by Steven King of Ray White Commercial Gold Coast.
Mr King said the owner has made it clear this unique and affordable freehold opportunity will be sold at auction.
“This multi-tenanted building with holding income is very well positioned within the Gold Coast’s CBD,” he said.
“There are three established tenants in the two-storey building, which offers a nett lettable area of approximately 294 sqm and is on a land area of approximately 508 sqm.
“The property occupies a prominent corner position with rear side access and ample onsite tenant parking.
“The instructions from our vendor are loud and clear – this property will be sold at auction.”
The building will go to auction at 11am (AEST) on Thursday, May 25, 2017, at the Gold Coast Turf Club, Racecourse Drive, Bundall.