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Republik Property Partners - SOUTHPORT

106/2 Nerang Street Southport, QLD 4215

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106/2 Nerang Street,
Southport, QLD 4215

Shops & Retail

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Republik Property Partners - SOUTHPORT
Christopher Jones

Republik Property Partners - SOUTHPORT

Unit 31109, Level 11 Southport Central, Tower 3 / 9 Lawson Street
SOUTHPORT, QLD 4215
04054697...
Republik Property Partners - SOUTHPORT
106/2 Nerang Street
Southport, QLD 4215

Map of 106/2 Nerang Street

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Prime Retail Investment with long term tenant

  • High profile position
  • Well presented
  • CBD Location
• Free hold restaurant for sale in high profile position on the corner of Gold Coast Highway and Nerang Street.
• Seating capacity for approximately 132 seats.
• Current tenant has been in place since 2009 with income netting $196,000 per year + outgoings + GST.
• Long term Tenant completing new 3 + 3 + 3 year deal.
• CBD location with Broadwater views and close proximity to tram station and major bus interchange.
• This busy location with exposure to approximately 40,000 cars passing daily
• An inspection will impress.

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Southport, 4215 demographic data

The median household income for Southport is $1,268, 16% lower than Regional Queensland's household income of $1,507. Southport has a younger age profile compared to the rest of Regional Queensland (median age 37 vs 41). Property ownership data shows 44% of property owners in Southport have a mortgage.

36,786
Population
$1,268 per week
Median household income
37 years
Median age
Renters
Most residents
Families
Most households
Republik Property Partners - SOUTHPORT
Unit 31109, Level 11 Southport Central, Tower 3 / 9 Lawson Street
SOUTHPORT, QLD 4215

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