Tenants: ANZ, HSBC AND QLD GOV
Land Area of 3,805 SQM*, NLA 12,330 SQM*
Net Passing Income: $980,724*
Sale Price: $15,500,000
Method of Sale: Expressions of Interest Campaign
83 Scarborough Street is a significant 3,805sqm* land holding in the heart of the Gold Coast’s CBD underpinned by a mixed use high-rise zoning allowing unlimited height.
The site was secured by outstanding tenants including ANZ Bank, HSBC and the Qld Government which provided 75% of the income.
The property was very well received within the Asian marketplace which resulted in a very competitive expression of interest campaign.