BURLEIGH HEADS INVESTMENT OPPORTUNITY

SOLD

1/24 Dover Drive

Burleigh Heads QLD 4220

Industrial

FOR SALE

298m2

Ray White Commercial GC South are pleased to offer for sale by auction 1/24-30 Dover Drive, Burleigh Heads. The auction will be held at the Currumbin RSL, 165 Duringan St, Currumbin on the 7th August 2019.

This property presents as an excellent investment opportunity located in the Burleigh Heads retail trades and services area. The subject property is a modern, streetfront industrial workshop/office with excellent exposure to passing traffic and views over Burleigh.

The property consists of:
- Total building area of 298m2*
- Ground floor area of 149m2* and mezzanine of 149m2* (approvals can be provided upon request)
- Air-conditioned throughout
- Staff rooms on both levels
- Toilets on both levels
- Multiple offices, boardrooms and open plan work areas
- The position of the property allows for excellent natural light and views over Burleigh

Lease Details:
Lessee: One Power
Term: 3 years + 3 year option
Rent: $60,000* gross per annum + GST
3% annual reviews
Net operating income: $52,748* per annum + GST

Dover Drive connects to Kortum Drive which forms the retail trades and services hub of Burleigh Heads. This is the central industrial area of Burleigh Heads offering excellent connectivity north and south of the Gold Coast. The property is located among a number of national and multinational operators such as Bunnings Warehouse, Bursons, Rebel Sport and Supercheap Auto.

Please contact Sam Riley 0409 490 581 or Brad Duncalfe on 0419 641 058 to discuss this opportunity.

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