1/42 Nerang Street, Southport, QLD 4215

Retail

Leased

  • Property ID: 285136
  • Floor Area: 103m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Leased N/A 103m2 N/A N/A
Turn Key Restaurant in Flagship CBD Address

*Fully-fitted 103m2* restaurant tenancy seeking a new operator
*Prominent CBD location offering high exposure to the busy Scarborough and Nerang Street intersection
*Surrounded by an array of local and international cuisines and only a short stroll from the Southport
Chinatown - an idyllic location for the Gold Coast Commonwealth Games
*71m2* internal restaurant comprising a fully-fitted and functional commercial kitchen, serving/preparation
area and internal dining plus 32m2* of enclosed, exclusive use alfresco dining area
*Seldom are turn key tenancies offered to the market
*Assignment of the existing lease with current term seeing through to May 2021 plus a four (4) year option
*Established operators are moving on due to unforeseen health concerns - a replacement tenant must be
found as soon as possible.

Disclaimer:
Ray White 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 Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Southport Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $5470 $333 6.08%
Retail $7709 $365 4.74%
Industrial $8140 $256 3.15%
This is the average advertised price, rent and yield for Southport, QLD 4215*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in QLD for Lease

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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  Ray White Surfers Paradise Commercial Property Management

 

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 1/42 Nerang Street, Southport, QLD 4215. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 1/42 Nerang Street, Southport, QLD 4215. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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