2, 118 Brisbane Road, Labrador, QLD 4215

Medical | Offices | Showrooms

For Sale Auction - Thursday 11th April 2024

Auction: Thursday, Apr 11, 11:00 AM

  • Property ID: 442121
  • Floor Area: 433m²
  • Occupancy: Tenanted
10 + 5 + 5 + 5 YR LEASE TO DENTAL LABORATORY

Jackson Rameau and Michael Willems from RWC Gold Coast are proud to introduce Lot 2/118 Brisbane Road, Labrador QLD. This exciting opportunity comprises a modern showroom/warehouse unit positioned in a prime business / retail precinct located on the southern side of Brisbane Road.

Key features of this outstanding opportunity include:
• Net Lettable Area: 513m2 (433m2* of ground floor area = 81m2* of approved carport area)
• Net Income $162,240* p.a. + GST + outgoings (100% of outgoings paid by tenant)
• 10 + 5 + 5 + 5 YR lease to a dental laboratory commenced 01.02.2022
• 4 points of access (front retail, 2 x high clearance warehouse roller shutters, and a pedestrian door from the rear car park)
• High internal clearance throughout the tenancy providing the ultimate retail, showroom, office, or workshop
• Currently zoned as Mixed Use, Fringe Business Precinct suitable for an array of uses
• Ideal business location within close proximity to JSW Powersports, Bunnings Warehouse, Emmanuel College and more
• Strong exposure on Brisbane Road near Harbour Town Shopping Centre home to over 220 retail shops
• Fantastic front and rear car parking for customers, staff, and deliveries
• Don't miss this rare and outstanding mixed-use investment opportunity!

Offered for sale via Public Auction to be held at 11:00am Thursday 11th April 2024 at the Gold Coast Turf Club, Racecourse Drive, Bundall QLD. For more information or to arrange a private inspection, please contact the exclusive marketing agents Jackson Rameau on 0438 451 112 or Michael Willems on 0412 240 176.

Disclaimer:
The website may have filtered the property into a price bracket for website functionality purposes. Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees 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, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility. *Approximately

Labrador Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $10833 --- ---
Retail $8889 $407 4.58%
Offices $5774 $369 6.39%
This is the average advertised price, rent and yield for Labrador, QLD 4215*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Floorplans

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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