21 Nind Street Southport, QLD 4215

Will be sold on or before Auction.

813m2 block of land located in the special priority development zone of Southport.

New council zoning makes this property have no height limit and no development limits.

The freehold property consists of 4 separate shops
Shop 1- 50m2* Coffee Shop:$19,250 Inc GST per annum, 3 year lease
Shop 2 154m2* Restaurant:$66,000 Inc GST, per annum. 3 year lease.
Shop 3 104m2* Supermarket:$43,470 Inc GST per annum. 3 year lease.
Shop 4 104m2*: Vacant Currently advertised at :$43,470 Inc GST per annum.
Current Income: $128,720.00 Inc GST per annum*
Potential Income: $172,190 Inc GST per annum*

• 5 car parks.

Located 150* metres to the Broadwater and a 700*metres the light rail line.

Auction: Thursday 24th March 2016
Time: 10:00am
Venue: Q1 Resort, Grand Ball Room, 9 Hamilton Avenue, Surfers Paradise

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. * denotes approximate measurements