We are pleased to present an exceptional opportunity to acquire Lot 19, 105 Scarborough Street, Southport – a ground floor strata unit, configured into two separate tenancies within the prestigious 'Nexus Towers' mixed-use precinct in the heart of the Gold Coast. A compelling opportunity for both owner-occupiers and astute investors, looking to capitalise on Bank of Queensland’s (BOQ) expiry in February 2026 by either occupying or repositioning the tenancy. Tenancy ‘1’ offers 137 sqm* of lettable area and an additional 137 sqm* of under-croft space, giving the incoming purchaser the ability to double the internal footprint. However, investors may look to capitalise on the Gold Coast's rising rental market and secure a new tenant on favourable terms, unlocking rental reversionary uplift and capital value. Tenancy ‘2’ is a 29 sqm* café with an additional 75 sqm* of under-croft space, secured until April 2028 with 3x3 year option periods thereafter, and generates an apportioned net income of $33,761 per annum*. The property is for sale by Expressions of Interest closing Thursday, 11 September 2025 at 4:00pm. (All areas and numbers are approximate only)
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