36-38 Central Drive, Burleigh Heads QLD

For Sale

Industrial

Auction, Thursday 6th December 2018, 11am

1887m2

The Jared Johnson & 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 & 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 & 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 & 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 guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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.