Tony Grbcic and Adam Grbcic of Kollosche Commercial are pleased to present Lot 301, 56 Scarborough Street, Southport, an exceptional investment opportunity in the heart of the Southport Central Retail Precinct. Lot 301 occupies a corner position at the main pedestrian entrance of Southport Central, ensuring strong foot traffic and visibility. It benefits from direct exposure to Scarborough Street and is surrounded by a thriving mix of residential, commercial, and retail activity. Key Property Features: - High-exposure corner lot in a major retail precinct - Total usable area: 131m² (55m² internal + 76m² exclusive-use licensed area) - Fully fitted restaurant/café, including an exhaust canopy, grease trap, and built-in outdoor dining area Positioned within Southport Central, which includes: - 788 residential apartments - 350 commercial offices - 64 retail tenancies Secure & Established Tenancy: - 10-year lease expiring July 2028 - Passing net income: $55,845 + GST with 100% of outgoings paid by the tenant - Well-established tenant with a long trading history This low-maintenance, high-yield asset offers investors a secure, long-term income stream in Southport's most prominent commercial/retail precinct. The Property is being sold via private treaty, encouraging offers over $900,000. For more information, please contact either Tony Grbcic or Adam Grbcic.
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