Knight Frank Gold Coast are proud to present this rare opportunity to own a large land holding in the heart of the Southport Industrial precinct in Minnie Street. The site is zoned as low impact industrial and is ripe for development and consists of 3 adjacent titles. This offering has many potential uses including a strata titled unit complex or storage facility (STCA). It also has the benefit of a holding income whilst relevant approvals are sought. Three blocks to be sold in one line or individually as follows: • 88A Minnie Street – 685 m2 land area • 90B Minnie Street – 726 m2 land area • 92A Minnie Street – 726 m2 land area Property Features: • Current Net Income over the 3 lots of $107,250 +gst + Outgoings • The three blocks currently consist of a car repair business, small house / office and a vacant block. • Low Impact Industry zoning in the heart of the Southport Industrial precinct • Major development upside for strata-titled units (STCA) • Neighbouring Jaguar & Land Rover dealership • 5-minute drive to Smith Street Motorway • Owner has relocated with clear instructions to sell This property will be sold via Public Auction on the 25th July 2024 at 11am onsite. Please contact the marketing agents for further information and a copy of the IM. Disclaimer: Gold Coast City Commercial Pty Ltd T/A Knight Frank 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, advice or as is otherwise necessary. No duty of care is assumed by City Commercial Gold Coast Pty Ltd T/A Knight Frank Gold Coast toward the recipient regarding the use of this information and all information given is given without responsibility.
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