38 Nind Street Southport, QLD 4215

Matt Taylor from RWC Gold Coast presents 38 Nind Street, Southport for sale

This is an exciting chance to secure a entry level freehold tenanted investment with unhinged development upside right in the beating heart of the Southport CBD. Enjoy the security of a lease through to 2027 with further options, complemented by consistent 3% annual rent increases. With demolition clauses providing real and immediate development flexibility, this property combines steady income with the potential to unlock significant future value.

Positioned on a 405m2* site along the high-traffic Nind Street, it is within walking distance to Southport's iconic landmarks and world-class amenity. With attractive unlimited height zoning within the Southport Priority Development Area (PDA), it offers strong future development upside^, making it a rare and valuable opportunity for savvy investors
and developers!

Key features of this property include:
• Rental income of $36,905.54* p.a + GST
• 2 x 3 year lease term
• 3% per annum fixed increases
• 405m2* land parcel
• Within the Southport Priority Development Area (Precinct 1 - CBD) providing a fast-tracked planning and approval process with significant development potential including high density residential, retail and commercial uses (STCA^)
• Demolition clause within the lease, providing actionable development upside
• Strong rental upside
• Grease Trap on site
• High-profile signage potential on busy Nind Street, near the Scarborough Street intersection
• Convenient access to G:Link light rail and nearby bus stops
• Minutes from the CSI Club, Southport TAFE, Australia Fair and other major amenities
• Owner retiring, absolutely will be sold!

For more information or to arrange a private inspection, please contact Matt Taylor on 0429 959 429

Disclaimer: The website may have filtered the property into a price bracket for website functionality purposes. RWC Gold Coast 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 RWC Gold Coast divisions toward the recipient with regard to the use of this information and all information given is given without responsibility. *Approximately