130 , Scarborough Street, SOUTHPORT, QLDPrice:
Type: FOR SALEProperty Features
This property is situated in the Southport Central Business District and offers a great opportunity to secure a trophy property with a great holding income in what will be a prime development site in the near future.
The property is zoned within the 'Commercial Administration Precinct' under the Southport Local Area Plan, which has a residential density allowance of Rd 7 (1 bedroom per 25m2 of net site area) and a 15 level height limit.
A prime CBD location, on the corner of Windmill Street and Scarborough Street the property has great exposure to passing traffic. It also provides very close proximity to the Rapid Transit System and is only a few hundred metres from the recently re-beautified Southport Broadwater.
The property comprises 8 self-storage units and 10 commercial tenancies sold with 100% occupancy, which includes income from several exclusive car parks.
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