Level 1/59-73 Meron Street, Southport, QLD 4215

  • 533 sqm

For sale

Expressions of Interest

Luxury Retail Opportunity in the Heart of Southport - Construction Due for Completion August 2024

Sheldon Paris of Raine & Horne Elite is proud to introduce to the market Level 1, 59-73 Meron Street, Southport, a new and magnificent empire that is set to become the new cosmopolitan heart of the Gold Coast’s CBD.

Elevate your business with an exceptional opportunity, located below a thriving 18-story residential tower, due for completion in August 2024.

Join a vibrant and elegant atmosphere, with other businesses in this project that includes a luxurious beauty and day spa, fine-dining Italian restaurant, and café. Whether you’re a budding entrepreneur or expanding your empire, this opportunity promises to enhance your business’ presence and drive growth with fantastic visibility and foot traffic, directly exposed to Ferry Road.

Property Highlights:

- 530m2 of prime retail space

- Sleek and sophisticated modern architectural style with high ceilings and expansive windows

- Onsite underground secure basement car parks

- Best suited for cafes, restaurants, beauty clinics, Pilates/yoga spaces, gyms, health food stores, etc.

- Brand new construction

About Regal Residences:

-18 storey tower, containing a total of 225 residences.

- Luxury end-of-trip facilities.

- Rooftop terrace and event space

- The second stage of this development, “Monarch Place”, will feature a further 54 stories.

Location:

- Directly exposed to Ferry Road and an abundance of foot traffic

- 1.4km to Australia Fair Shopping Centre

- 2.4km to Broadwater Parklands

- Close proximity to the Smith Street Motorway and Woolworths Supermarket retail precinct that includes over 20 speciality shops.

- Well-connected to public transport including Gold Coast Light Rail and bus interchange.

Contact exclusive agent Sheldon Paris for more information.

For sale via Expressions of interest, closing on the 2nd of August at 5pm.

Disclaimer: *Approximately/ STCA. Borders, images & locations may be indicative only. Rates of return are estimates only. Outgoings are as supplied by the owner. The Agent/Agency has not independently checked any of the information we merely pass it on. We make no comment on and give no warranty as to the accuracy of the information contained herein and no part of this material should be relied upon in forming any financial decision by you, the reader. All persons reading this material 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 the Agent/Agency toward the recipient with regard to the use of this information and all information given is given without responsibility or liability.

TenantedNo
Commercial Director - Global Sales Consulting Pty Ltd

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Property Info:
  • Property ID: L28427616
  • Property Type: Retail
  • Building / Floor Area: 533 sqm
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R&H Suburb Profile: Southport

R&H Suburb Summary Houses
Number of sales 304
Average Price $1,188,075
Median Price $950,000
Median Rental Price $730 p.w.
Change in Rental Rate (5yr) 55 %
R&H Suburb Summary Units
Number of sales 771
Average Price $705,253
Median Price $626,000
Median Rental Price $650 p.w.
Change in Rental Rate (5yr) 55 %
Southport, QLD - Median Trend
$950,000