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Retail premises ready to be leased at Southport Central

The street-level retail precinct will build on the philosophy behind the highly successful James Street Markets in Brisbane and Ferry Road Markets on the Gold Coast.

Raptis Group retail leasing manager Michelle Palmer has launched an off-market campaign to lease the 20 premises in stage two by selectively approaching local, state, interstate and nationally-based groups and taking enquiries from other interested parties.

Knight Frank and CB Richard Ellis have also been appointed as leasing agents to drive this campaign.

Each of the premises, which range in size from 36sqm to 144sqm, will be secured to a five year lease.

Negotiations with a locally based-delicatessen, butcher, fruiter, wine bar and wine store, Brisbane patisserie and renowned interstate seafood wholesaler and retailer are close to being finalised. Talks are also underway with several service providers.

Ms Palmer said the mix of operators within stages two and three of Southport Central are being strategically chosen to complement one another and provide a new calibre of dining and shopping options for local residents, business executives, workers and the surrounding community.

The retail components of stage one, two and three of Southport Central are integrated into the base of each of the towers. Construction of tower two was completed last month, with the retail premises ready to be fitted-out.

Residents of the 262 apartments in tower two are now moving in and businesses located in the commercial suites located on levels one to eight begun operating last November.

Ms Palmer said potential retailers had begun registering their interest in stage two more than three months ago, and had gathered momentum as the tower neared completion.

"With the success of residential apartment sales in towers two and three of Southport Central, the quality of construction of the development and with tower two residents now moving in, interest in the latest retail spaces has been strong.

"Southport offers some of the best infrastructure on the Gold Coast, such as the hospital and medical precinct, court house, the natural asset of the Broadwater and some of the best public transport alternatives on the Gold Coast.

"The region’s growing population, healthy economic base and the ongoing rejuvenation of Southport – the Gold Coast’s traditional CBD – will also underpin the success of the precinct."

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