155-157 Scarborough Street, Southport, Qld 4215

Jackson Rameau and Michael Willems from RWC Gold Coast are pleased to present to the market a prime corner development opportunity with a strong holding income located at 155-157 Scarborough Street, Southport QLD. This asset is to be sold via Expressions of Interest Campaign with all offers to be lodged to the agents by Wednesday the 26th of March, 2025 at 4:00 pm (AEST). 

This freestanding, dual-tenanted asset is strategically positioned within one of the tightly held Southport CBD and the Priority Development Area (PDA precinct), making it a rare and valuable opportunity for developers, investors or owner occupiers.

Key highlights of this corner development site include:
• 1,426m2* of prime land over two titles
• 340m2* of existing building area with ample car parking
• Unlimited height provisions & generous zoning under the Southport PDA (STCA*)
• Zoned PDA (Priority Development Area), maximising future growth & property potential
• Prominent corner position with nearly 72* metres of street frontage
• Gross holding income of $124,593.04* per annum
• Dual tenanted investment by Legal Firm & real estate agency (redevelopment clauses in place to optimise and unlock the strong development upside)
• Located on the corner of Railway Street & Southport CBD's busiest thoroughfare, Scarborough Street
• Strong signage with three dedicated signage points from Scarborough and Railway Street
• Charming character building with high ceilings and polished timber floorboards
• Air-conditioned with exclusive male & female toilets
• 40m2* Separate storage or site office
• Walking distance to the G:Link Light Rail, Broadwater Parklands, Gold Coast Aquatic Centre, Australia Fair Shopping Centre, Cecil Hotel, cafes and restaurants
• 5 minutes to Main Beach, Seaworld, M1 Motorway, Griffith University & Gold Coast Health Precinct
• 50 minutes to Brisbane CBD & Gold Coast Airport
• Logical long-term owner is genuine about selling this asset! All offers are to be lodged with the agents at the close.

For Sale via Expression of Interest Campaign closing on Wednesday the 26th of March, 2025 at 4:00 pm (AEST).

For more information or to arrange a private inspection, please contact the exclusive RWC agents;
Jackson Rameau - 0438 451 112
Michael Willems - 0412 240 176

Disclaimer: The website may have filtered the property into a price bracket for website functionality purposes. RWC Gold Coast 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 RWC Gold Coast divisions toward the recipient with regard to the use of this information and all information given is given without responsibility. *Approximately. (STCA) Subject to Council Approval.