We took to market a group of shops in Southport Central, this is the 7th sale since the marketing campaign took place.

The marketing campaign for the premises leased by the QT Mutual bank attracted more than 20 enquiries and three offers.

“This is a prime Southport CBD location and is returning net rental income of approximately $70,700 per annum,” he said.

Adam Grbcic and Tony Grbcic have now completed seven recent retail and commercial investment sales in Southport Central Towers.

“All of these investment properties are ideally situated in the heart of the Southport CBD,” Adam Grbcic said.

“They are strategically located between all major services and amenities and the G Link.

“Southport is currently the focus of a number of significant projects including the 2018 Commonwealth Games on the Gold Coast.”

Adam Grbcic said Ray White Commercial GC South would be offering another three tenanted investment properties for sale in Southport Central. “There have been major price adjustments on the Southport Central retail vacancy lots,” he said.

Sales Analysis*
Net Income$70,700 + GST
Listed Date17 August 2016
Total Advertising Spend$6,000
Inspections8
Offers3
Total Enquiries20+
Sale Price$1,070,000
Sales Date31 August 2016

 
*Approximate