Property Description

Annual net income of $29,800.00 + GST

Modern fit out solution
M1 Realty is pleased to present 1505/56 Scarborough Street, Southport to the market for immediate sale. Situated within Southport Central and secured with a lease trail until 31 March 2026 presenting an opportunity to acquire a prominent CBD office asset in one of Australia’s most competitive office markets. This fully fitted 91m2* office space is 100% leased and benefits from a modern internal fit-out with design and configuration at the forefront delivering A-grade finishes including a welcoming reception and waiting area, flowing into an open plan working area while providing a generous-sized meeting room, an executive office, an exclusive 6m2 balcony and modern internal kitchenette. This suite is further complemented with one allocated car park. The suite is offered as a tenanted investment generating an approximate annual income of $31,200.00 + GST on a three (3) year term effective from 01/04/2023 with a three (3) year option – an ideal entry-level commercial investment. Located in the heart of the central CBD, this property offers direct proximity to the Legal Precinct, various professional services, transportation infrastructure, M1 access, and ample staff amenities.

• 91m2* of modern office space + 6m2* exclusive balcony
• Practical, configuration and fit-out
• One (1) on-site car parks
• 4% annual rent increases
• Suited to an array of uses
• Southport CBD location with access to surrounding CBD’s, commercial centres and staff amenities
• To be sold as a tenanted investment
• Offices of this calibre seldom come available within the Towers – do not miss this opportunity

Please contact the exclusive listing agents for more details by clicking on the link above.

*Approximately