A leased commercial complex returning approximately $1.3 million in gross annual income and home to the Southport Centrelink and Medicare offices is being offered for sale by James Crawford, Director of Metro Sales and Tony Wang, Executive Asia Markets at Colliers International in an expressions of interest campaign closing 19th September, click here for more information.
Fronting both Suter and Nerang Streets, the 8,785sqm CBD site comprises of 3 freestanding office buildings plus a 3,537sqm mixed-use zoned parcel of land giving buyers the opportunity to further develop the asset.
With a combined net lettable area of over 4,000sqm and more than 100 basement car parks, tenants include the Commonwealth Government’s Department of Human Services, Sarina Russo Job Access an other professional services.
Tony Wang said the property offers a unique mix of income producing commercial assets, surplus development land and in the longer term, a large scale development opportunity.
James Crawford added that the property is also being presented to off-shore buyers in 5 key Asian cities that include Hong Kong, Singapore, Shanghai, Chengdu and Guangzhou as part of Colliers International’s Asian Roadshow in partnership with global firm PWC in early September.