Investors require capital ASAP - $145,354.59 Net Income - Rare Freehold Mixed Use Building in Varsity Medical Precinct
Peter Laoudikos from RWC Gold Coast is pleased to present this rare commercial building located at 16 Lake St, Varsity Lakes that combines retail, A grade offices and 2 studio apartments. Located on busy Lake St, this property is surrounded by some of the Coasts best, including hospitals, universities, retail, office and public transport that no other location on the Gold Coast can provide. With access onto the M1 both north and south only minutes away and access to some of the Gold Coast's best beaches, this is location buying.
The current mixed use configuration guarantees a steady income and the Freehold presents endless opportunities for future development. Future & Current Development Opportunities include but are not limited to a High Rise Configuration with or without a commercial aspect. We have designs and concepts available.
Key features of this freestanding building include;
• 364m2 block
• 307m2* combined office / retail areas
• 73m2* combined residential areas
• 146m2* common areas
• Private bathrooms with showers
• 2 x kitchenettes to office / retail areas (ground level and Level 1)
• Small kitchenettes to studio apartments
• Multiple entrances with potential to lease upstairs and downstairs separately
• Large secured undercover area with three (3) car parks and storage
• Internal lift
• Large undercover balcony
• Outdoor BBQ area
*Approximately