88A, 90B & 92A Minnie Street, Southport, QLD 4215

Development/Land | Industrial

For Sale Massive Price Reduction

  • Property ID: 392657
  • Land Area: 2137m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Invest, Develop Or Occupy - Prime Location Opportunity

This rare opportunity to invest, develop or occupy a low impact industrial site in a prime location in Southport. This offering has potential for an investor to keep the currents tenants and sign brand new leases, clear the land and develop a strata unit complex (STCA) or occupy the space. The motivated owner has made it clear that this property must be sold.

* 2,137m2* total site area
* 473m2* total building area

* Three blocks to be sold in one line
* 88A - 685m2* land area
* 90B - 726m2* land area
* 92A - 726m2* land area

* Current holding income of $66,000 + GST + Outgoings (Tenants pay all outgoings)
* The three blocks currently hold a small house, an office space and a warehouse
* Low Impact Industry zoning
* Major development upside for strata-titled units (Subject To Council Approval)
* Neighbouring Jaguar & Land Rover dealership
* 5 minute drive to Smith Street Motorway
* Motivated owner, clear instructions to sell on or before auction day.

*approx
Please contact agent for more details by clicking on the link above.

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
Industrial $3543 $139 3.92%
Retail $6726 $410 6.09%
Offices $3854 $336 8.73%
This is the average advertised price, rent and yield for Southport, QLD 4215*
* 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.

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™.
  • 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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