Stonebridge National Investment Sales & Real Specialists is pleased to present 16/105 Scarborough Street, Southport (Gold Coast) for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

• Brand new 10 year net lease to 2033 + option to Mastery Schools Australia with favourable 3.5% fixed annual rent increases
• Mastery Schools Australia – Fully enrolled Special Assistance Educator across five campuses nationally and expanding
• Secure government funded social infrastructure investment providing safe and fixed long term income growth
• Well configured 1,276 sqm* ground floor CBD investment with 20 valuable basement car parks
• Strategic educational position in a busy office and retail precinct adjacent Queensland TAFE and only 150 metres* to Australia Fair Shopping Centre, recently undergoing a significant $50 Million refurbishment
• Expertly designed educational layout incorporating modern fitout, providing favourable depreciation benefits
• Strong connectivity only 125 metres* to Gold Coast Highway (26,514+ vehicles daily) and within 200 metres* to Southport Light Rail Station plus an array of additional public transport amenity
• Southport – Busy office and retail hub located in the heart of the Gold Coast CBD with $1.2 billion+ of recent development completed or underway
• Gold Coast – World famous location with current population of 590,000+ set to boom to 1 million by 2050
• Lease secured by Bank Guarantee equivalent to 3 months’ rent and outgoings + GST
• Net Lease – Tenant responsible for all usual outgoings including Land Tax
• Net Income $518,850 pa* + GST

16/105 Scarborough Street, Southport (Gold Coast) is for sale via Immediate Offers to Purchase.

Please contact the exclusively appointed agents for more information.

*Approximately