Colliers are pleased to present for sale Suites 304 & 305, 2-12 Nerang Street, a high quality long lease commercial investment, with income secured by blue chip lease covenants.

Featuring, 807sqm of modern office accommodation across two titles, plus balcony and basement parking, the property is located within Southport CBD’s Pivotal Point building.

Net income is $314,909 per annum with a landlord friendly lease in which all outgoings are paid by the tenants.

Boasting long standing occupiers in the property for the past 16 years, The MBA Partnership & Digital O2 are successful accounting and IT businesses respectively.

With leases to 2027, plus options, both companies are majority owned by the ASX-listed national accounting firm CountPlus (ASX:CUP).

Surrounded by excellent retail and lifestyle amenity, property features include:

• $314,909pa net income
• 100% outgoings paid by tenant
• Leased to 2027 + options
• WALE 4.9 years
• 807sqm NLA
• Two adjoining suites
• Lot 304: 450sqm
• Lot 305: 355sqm
• Long standing tenants since 2006 (16+ years)
• Both tenants majority owned by ASX-listed company (ASX:CUP)
• Attractive outgoings at just $62/sqm
• Expansive north facing balcony
• 12 x secure basement car parks plus visitor parking
• CBD location adjoining Australia Fair
• Walk to Broadwater Parklands and Light Rail

For Sale via Expressions of Interest closing Wednesday 23 November at 4pm.

Premium investment opportunities of this quality and location are rarely offered to market.

Contact Collier’s exclusive agents Steven King or James Crawford for more information.

* all figure are approximates
~ outlines indicative only