Jackson Rameau & Michael Willems of Ray White Commercial Gold Coast are proud to present 60-62 Smith Street, Southport QLD for sale via Public Auction on behalf of the Deceased Estate.

This centrally located property provides fantastic signage to the Smith Street motorway and is the ultimate fully tenanted investment. The complex also provides a great opportunity for an owner occupier in the future.

Property features of 60-62 Smith Street, Southport include:
• Deceased Estate Auction
• Net Income of $182,646* p.a + GST + Outgoings
• 1,667m2* of land (highly exposed freehold site)
• 498m²* purpose-built commercial building
• 26 onsite car parks (including 2 lock up garage spaces)
• Leased to award-winning builder 'Hallmark Homes' until the end of March 2025 + 5 year option
• The Tenant has occupied the premises under prior leases since early 2005 which is almost 18 years!
• Located on the fringe of the Southport CBD and surrounded by numerous schools, shopping, medical, public transport and entertainment options.
• Don't miss this outstanding opportunity to purchase one of Southport's best freestanding office/showroom buildings!
• Auction terms are 10% deposit and 30 day settlement (please enquire should you like to propose different terms)

Offered for sale via Public Auction to be held at 11am (Qld Time) Thursday 13 April 2023 at the Gold Coast Turf Club, Racecourse Drive, Bundall QLD.

For more information or a private inspection, please contact the exclusive marketing agents Jackson Rameau & Michael Willems on 0438 451 112.

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility. This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.