34A Nerang Street, Southport, Qld 4215

Michael Willems and Matt Taylor from RWC Gold Coast are pleased to present 34A Nerang Street, Southport for sale via Public Auction. This is a rare and exceptional opportunity to acquire a fully tenanted freehold investment property with highly favourable lease terms, strategically positioned in the heart of the Southport CBD.

Key Investment Highlights:

Strong Rental Returns: 
- Net income of $250,000* p.a. + GST + Outgoings (including land tax) covered by the tenant.

Secure Long-Term Lease: 
- Brand new 5+5+5+5 year lease, safeguarded by a bond and personal guarantees.

Consistent Income Growth: 
- Annual increases at the greater of CPI or 3%.

Prime CBD Site: 
- Landmark 1,105m² site with significant development potential within the Southport Priority Development Area (Precinct 1 - CBD).

Modern Hospitality Asset: 
- State-of-the-art capsule hostel featuring contemporary shared kitchens, bathrooms, entertainment spaces, and an on-site café.

High-Profile Location:
- Prominent frontage on Nerang Street, one of Southport CBD's main thoroughfares.
- Directly adjacent to Australia Fair and opposite Southport TAFE.
- Only 150m to Southport G:Link Light Rail station.
- Walking distance to the Broadwater Parklands and world-class amenities, including cafés, retail, food, and entertainment venues.

Future Development Potential:
- Favorable zoning allows for high-density residential, retail, and commercial development opportunities (STCA^), with a demolition clause embedded in the lease to enable actionable upside.

Critical Market Position: 
- Benefit from Gold Coast's undersupplied hostel market.

This property combines immediate income security with unparalleled future development potential, making it an unmissable investment opportunity in one of the Gold Coast's fastest-growing CBDs. Absolutely will be Sold!
*Approx

Offered for sale via Public Auction to be held at 11:00am Thursday 24th July 2025 at the Gold Coast Turf Club, Racecourse Drive, Bundall QLD

For more information or to arrange a private inspection, please contact the exclusive marketing agents Matt Taylor 0429 959 429 or Michael Willems 0412 240 176.


Disclaimer:
The website may have filtered the property into a price bracket for website functionality purposes. 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. *Approximately