Trophy CBD Freehold Office Building – Major Rental Upside – Tenanted Investment

26 Railway Street, SOUTHPORT, QLD 4215
For Sale

Trophy CBD Freehold Office Building – Major Rental Upside – Tenanted Investment

26 Railway Street, SOUTHPORT, QLD 4215

Overview

Property ID: hz-L19145131
  • Office
  • Property Type
  • 1411
  • Sq-m

Description

  • $388,850 – Projected Net Income
  • 1,611m2 Land Size
  • 1,414 NLA + Additional Balcony Area

Lachlan Marshall & Karen Pirie from Harcourts Coastal Commercial are proud to present 26 Railway Street, Southport a trophy CBD freehold tenanted investment. Offering major upside for the incoming buyer to maximise the investment. The building is situated next to the newly renovated CSI Club and Southport Transit Centre while positioned on the corner of Scarborough Street maximising traffic exposure.

The building is constructed of reinforced rendered concrete block with reinforced concrete slabs to all three levels.

  • $222,239.50 + GST – Passing Income
  • $388,850 + GST + Outgoings – Projected Net income
  • 1,611m2 Land Size
  • 1,414 NLA + Additional Covered Balcony Area
  • Two Long Term Tenants
  • 38 On-site Carparks (Ample Street Parking)
  • Major Development Upside
  • Multi-storey building with plenty of natural light
  • Corner Position – Signage Opportunities
  • Multiple Office Layouts Through-out
  • North/East Facing
  • Direct Broadwater Views
  • Skyline Views
  • Short walk to Light Rail, Broadwater & Australia Fair Shopping Centre

For further information please contact Lachlan or Karen to receive a detailed Due Diligence pack.

Disclaimer:
Harcourts Coastal Commercial 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 Beyond Commercial Pty Ltd trading as Harcourts Coastal Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Details

Updated on January 13, 2024 at 4:51 am
  • Property ID: hz-L19145131
  • Property Size: 1411 Sq-m
  • Land Area: 1611 Sq-m
  • Property Type: Office
  • Property Status: For Sale

Additional details

  • On-site Carparks: 38 (Ample Street Parking)
  • Passing Income: $222,239.50 + GST
  • Projected Net income: $388,850 + GST + Outgoings
  • Balcony Area: 1,414 NLA + Additional Covered
  • Facing: North/East
  • Address 26 Railway Street, SOUTHPORT, QLD
  • City SOUTHPORT
  • State/county Queensland
  • Zip/Postal Code 4215
  • Area SOUTHPORT

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