Investment | Industrial

Property ID: 308127

 

UNDER CONTRACT - HIGH PROFILE MULTI TENANTED INVESTMENT - 100% Leased

36-38 Central Drive, Burleigh Heads, QLD 4220

The Jared Johnson and Lachlan Marshall Team are extremely proud to offer this exceptional investment opportunity. The property is a 100% Leased multi-tenanted asset strategically positioned in the Gold Coasts premier Industrial and Commercial precinct. Strategically positioned directly parallel with one of the Gold Coast's busiest streets, this property is exposed to thousands* of cars everyday and takes advantage of the exposure to surrounding major retailers such as Treetops Shopping Centre, Bunnings Warehouse, Stocklands Shopping Centre, Australia Post, Kennards Hire, Westpac and Marymount College.

Our vendor has committed elsewhere, extremely motivated and has given very clear instructions to sell on or before Auction.

* Significant Net income $249,149.70 + GST + (tenants pay all outgoings)
* Net Lettable Area 1,887m²*
* Commanding corner site (Land area 3,663m2*)
* 6 Individual tenancies (5 tenants)
* A mix of long standing tenants
* 6 strata titled lots (to be sold in one line)
* Minimum of 3% annual rental increases
* Two driveways providing excellent access
* Quality constructed concrete tilt panel freestanding building
* Surrounded by National and Multi-national businesses within one of the Gold Coast's most sort after Commercial and Industrial estates
* Adjacent to the busy Bermuda Street, 1 minute drive from entry and exit points for the M1 Motorway, 5km's drive to the famous Burleigh Heads beach.
* The property can be accessed from Central Drive, which connects to Reedy Creek Road, Bermuda Street and other arterial roadways
* Motivated vendor will consider all offers
* Don't miss this rare and outstanding opportunity!

For a detailed Information Memorandum please contact the exclusive listing agents Jared Johnson and Lachlan Marshall for more details by clicking on the link above.

* Approximately

This property is being sold by auction or without a price and therefore a price g...

Sold

$2,000,000

Jared Johnson

Lachlan Marshall