Gold Coast Commercial Tenanted investment - with new 5+5+5 lease - Net Income $48,000pa + gst + all outgoings

SOLD

49 Paradise Avenue

Miami QLD 4220

Industrial

FOR SALE

200m2

This well appointed freehold light industrial factory located at 49 Paradise avenue Miami has been home to the same signage business tenant since 2008. The business has recently entered into a new 5+5+5 lease at $48000pa + gst + all outgoings with 3% annual increases.

This immaculate property comprises 407sqm of land with a 200sqm building. The building features large warehouse area with high roller door, internal reception and boardroom on the ground level, and very high quality office space and meeting rooms on the upstairs mezzanine. The ground floor is approximately 200sqm with the upstairs mezzanine giving an additional 82 sqm.

This property is freehold, including land, and is not a strata title.

This quality commercial investment must be sold at Auction. Don't miss out on this great opportunity.

RPD: L637 RP883541
Local Authority: GOLD COAST CITY (GOLD COAST)
Primary Land Use: LIGHT INDUSTRY
Land Area: 407 m² Building Area: 200m² (ground) + 82m² mezzanine

Auction on 30 August 2016 at 6.00pm, Currumbin RSL, Currumbin