Landmark Southport office building hits the market

‘Seabank’, an A-grade commercial office building in Southport, has been listed for sale offering investors the opportunity to acquire a well-leased, high-quality asset in one of Queensland's most dynamic and rapidly evolving commercial markets.

STRADA Group is offering the building, located at 12-14 Marine Parade, for sale as part of their property fund’s strategic plan.

The prominent 11-storey building has an NLA of 8,482sqm and an approximate fully leased annual net income of $3.836 million with a diverse tenant mix including The Gold Coast Bulletin (Newscorp), Queensland State Government, and a range of multi-national professional organisations.

The prime office accommodation has unrivalled access to retail, transport, and lifestyle amenities while the flexible floor plates and ample parking (207 bays) further enhance its appeal.

CBRE’s Managing Director, Metropolitan Investments Gold Coast, Mark Witheriff and Director, Capital Markets Office, Jack Morrison are managing the sale via an Expressions of Interest campaign.

“Seabank is a truly exceptional asset,” says Mr Witheriff. “Its prime location, strong tenant profile, and recent upgrades make it a compelling investment opportunity in a market experiencing significant growth.”

The property is located in the heart of Southport’s CBD, a precinct undergoing significant population growth and infrastructure investment. The area has a tightening office market, driving strong rental yields and asset appreciation.

“This is a rare opportunity to acquire a landmark A-grade office tower in a thriving market,” adds Mr Morrison. “Seabank is perfectly positioned to benefit from Southport's ongoing transformation and the increased demand for premium office space which has seen significant growth in rental rates and contraction in the incentive market.”

CBRE data shows the Gold Coast office market continues to outperform, with one of the lowest vacancy rates in Australia at mid-2025. Prime vacancy decreased to circa 2.7%, and the region benefits from a combination of strong occupier demand, particularly from small to medium sized enterprises, combined with the limited supply.

The Expressions of Interest closes at 4pm (AEST) on Wednesday, 22 October 2025.