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42 Nerang Street Southport, QLD 4215

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42 Nerang Street,
Southport, QLD 4215

Hotel, Motel & Leisure • Shops & Retail • Offices

Price information

Sale - Expression of Interest

For Sale

Detailed listing

Key property information

Land area

Floor area

Car spaces

Zoning

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$923,000
Number of Tenants
9 Tenants
Tenants / Type
Anchored by ALH

Private inspections

to arrange a private inspection.

Map of 42 Nerang Street

Directions
  • Tram stops within 5 km of 42 Nerang Street, Southport, QLD 4215Distance
    Nerang Street598 m
    Southport Depot2.2 km
    Gold Coast University Hospital3.4 km
    Cavill Avenue4 km
    Parkwood East4.8 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 42 Nerang Street, Southport, QLD 4215Distance
    Southport71 m
    Scarborough St at Marshall Lane306 m
    Scarborough St at White Street310 m
    Nind St Near Davenport St435 m
    Queen St at Garden Street492 m
    POWERED BY HERE ©
POWERED BY HERE ©

Landmark Trophy Investment | The Cecil Hotel

  • Sale due to Ill Health
  • Net Income $923,000 approx
  • Fully leased & anchored by entity on ASX
The Cecil Hotel is an quality asset and should tick all the boxes for your next investment.

• Strong ASX listed anchor tenant underwriting nearly 70% of the income stream
• Current Net income approx $923,000
• Value underwritten by approx. $12 million in pokies authorities
• Future development upside to convert this two-storey building into a multi storey mixed use mega structure
• Prime corner location in the heart of a priority development area
• Located in the second largest city in Queensland
• New Roof and maintained building
• Fully Leased with a mixed use of tenants to ensure income diversity
• Growing catchment area
• Rapid and easy access to public transport (rail and bus)

When coupled with the owner's motivation to sell (ill / aging health), we are confident in receiving multiple offers so act swiftly or risk missing out.


We have endeavoured to include as comprehensive a due diligence package as possible however if you have any queries, please don't hesitate to contact us.

Additional information

Property ID: 504527612Last Updated: 15 May 2024

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42 Nerang Street
Southport, QLD 4215

Detailed listing

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