174 Nerang Street,
Southport, QLD 4215
Warehouse, Factory & Industrial
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Republik Property Partners
Unit 31109, Level 11 Southport Central, Tower 3 / 9 Lawson StreetSOUTHPORT, QLD 4215
07 5509 17...
174 Nerang Street
Southport, QLD 4215
Map of 174 Nerang Street
SOLD
Savills are delighted to offer this income producing freehold service station to the market.
There is an existing long term lease in place, with options and excellent exposure to popular Nerang Street Southport.
The asset has been in the same family since the 1960's and they are now divesting on behalf of the estate.
Take advantage of this rare opportunity to own a service station in this highly sought after location.
Features Include:
- New 10 year lease to Metro Petroleum
- Two street frontages
- New roof replacement completed in 2019
- 33kW solar panels installed in 2019
- Mixture of unleaded and diesel pumps
- Located on Nerang Street, Southports growth corridor to the west
- Freehold Service Station
- Current Income: $185,000pa + GST + outgoings
- Lease Term: 10 years
- Land Area: 1,285 sqm*
- Building Area: 407 sqm*
- Method of Sale: Expressions of Interest closing 27th May 2021
* Approximate
There is an existing long term lease in place, with options and excellent exposure to popular Nerang Street Southport.
The asset has been in the same family since the 1960's and they are now divesting on behalf of the estate.
Take advantage of this rare opportunity to own a service station in this highly sought after location.
Features Include:
- New 10 year lease to Metro Petroleum
- Two street frontages
- New roof replacement completed in 2019
- 33kW solar panels installed in 2019
- Mixture of unleaded and diesel pumps
- Located on Nerang Street, Southports growth corridor to the west
- Freehold Service Station
- Current Income: $185,000pa + GST + outgoings
- Lease Term: 10 years
- Land Area: 1,285 sqm*
- Building Area: 407 sqm*
- Method of Sale: Expressions of Interest closing 27th May 2021
* Approximate
Property ID: 503817130Last Updated: 29 Jul 2021
Republik Property PartnersUnit 31109, Level 11 Southport Central, Tower 3 / 9 Lawson Street
SOUTHPORT, QLD 4215
SOUTHPORT, QLD 4215
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