16/105 Scarborough Street, Southport QLD 4215

For Sale by Private Treaty

20 parking

Fully Leased Investment with 12 Year Net Lease Gold Coast CBD Investment

High Yielding Gold Coast Investment - Brand New 12 Year Net Lease to 2033

The asset has the following key investment features:
- Brand new 12 year net lease to 2033 + option
- Favourable 3.5% fixed annual rent increases
- Mastery Schools Australia – Fully enrolled Special Assistance Educator across five campuses nationally and expanding
- Secure fully government-funded social infrastructure investment providing safe and fixed long-term income growth
- Well-configured 1,276 sqm* ground floor CBD investment
- 20 valuable secure basement car parks included
- Strategic position in a busy office and retail precinct adjacent to Queensland TAFE
- 150 metres* to Australia Fair Shopping Centre, recently undergoing a significant $50 million refurbishment
- 125 metres* to Gold Coast Highway (26,514+ vehicles daily)
- 200 metres* to Southport Light Rail Station
- Expertly designed educational layout incorporating modern fit-out, providing favourable depreciation benefits
- 9b Certification (Education Establishment)
- New dedicated internal amenities and kitchen installed
- New air conditioning plant recently installed.
- Significant depreciation benefits available.

- Net Income $549,770 pa* + GST
- Net Lease – Tenant responsible for all 100% of outgoings including Land Tax
- Lease secured by Bank Guarantee including base rental, outgoings and GST

For a detailed Information Memorandum and Data Room access please contact the exclusive marketing agent.
Brad Duncalfe 0419 641 058

Property Details

• Type: Offices, Medical/Consulting, Retail
• Building Area: 2,552 m² (approx)
• Lease End Date: 30/06/2033
• Outgoings: 137.00
• Return Value: 6.87
• Tenancy: Tenanted
• Zone: Southport Priority Development Area