3131 Surfers Paradise Boulevard, Surfers Paradise, QLD 4217

Retail

For Sale Auction - Sunday 24th January 2021 at 10am

Auction: Sunday, Jan 24, 10:00 AM

  • Property ID: 363577
  • Floor Area: 53m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Owner Committed Elsewhere - New 5 Year Lease - Seriously Selling!

Jackson Rameau from Ray White Commercial Gold Coast is extremely excited to offer to the market this tenanted arcade investment in the heart of Surfers Paradise.

Lots 33 & 34/3131 Surfers Paradise Boulevard, Surfers Paradise situated on an unrivalled development site with dual access and strong surrounding tenants who only magnify the property's worth such as Billabong, SteamPunk Bar, Waxy's, Surf Dive and Ski, Colliers International and the glitter strip.

Watch the video for a virtual tour.

The vendor is not marketing this property to test the market, he is serious about selling and is motivated to liquidate this incredible property. Due to be sold on or before Auction on the 24th of January 2021 at the RACV Royal Pines Resort, Benowa.

- Net income $46,959.26* p.a. + GST (Currently on Covid-relief until 01 July 2021)
- Both lots are leased to a well operating Chinese Restaurant (Business established in 1996) who accommodate bus tours and local business people in the surrounding corporate buildings of 50 Cavill Avenue, 33 Elkhorn Avenue and Circle on Cavill.
- Total net lettable area of 53m2*
- New 5 year lease
- Located just 5 minutes to Broadbeach, Main Beach and 10 minutes to Sea World
- On street parking available
- Motivated seller requesting all serious offers presented
- Do not miss this fantastic opportunity

For more information or to arrange a private inspection. Contact the exclusive marketing agent Jackson Rameau on 0438 451 112

Auction
'The Event' - Sunday, 24 January 2021 at 10am
RACV Royal Pines Resort, Benowa

For further information or a private inspection, please contact the exclusive marketing agent Jackson Rameau on 0438 451 112

Disclaimer:
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.

Surfers Paradise Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $184 ---
Retail $5830 $656 11.25%
Offices $4873 $462 9.49%
This is the average advertised price, rent and yield for Surfers Paradise, QLD 4217*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* 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.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 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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