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83 SCARBOROUGH STREET SOUTHPORT

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Project Details

Summary

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

Description

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. 

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