Trophy Land Offering - Major Development Upside, Strong Holding Income

EOI closing Thursday 14th March 2024 at 4pm AEST.

385 Southport Nerang Road & 4 Industrial Avenue

Molendinar QLD 4214

Industrial

FOR SALE

3421m2

RWC Gold Coast and Colliers proudly present 385 Southport Nerang Road and 4 Industrial Avenue, Molendinar QLD as a combined land offering for sale via Expressions of Interest Closing March 14th at 4pm AEST.

The property is arguably one of the Gold Coast's best development sites due to its prominent position bordering the busy Nerang Road and Industrial Avenue, Molendinar. This rare redevelopment opportunity is positioned between the M1 Motorway, Southport CBD, and the coastline. With a combined land area of 2.395ha* and a large existing industrial building on site, this combined offering is ideal for an array of different future uses.

Key features include:
• For Sale as a combined parcel or individually
• Combined land parcel has 23,952m2* of prime industrial land across two titles
• 385 Southport Nerang Road, Molendinar has 17,740m2* of land with short-term hardstand leases in place
• 4 Industrial Avenue, Molendinar has 6,212m2* of land and 3,421m2* freehold industrial building
• The premises has an operational overhead crane SW.L 25. OT
• Current combined net income of $1,181,918.87* per annum + GST + Outgoings
• Projected combined net income (if fully leased) of $1,413,618.87* per annum + GST + Outgoings
• Warehouse allows for separate areas for office, storage, and operational areas
• Dual street access
• 149.4 meters* of main road frontage
• Positioned between Smith Street Motorway and the M1 Motorway
• Minutes to Ashmore City Shopping Centre and Southport CBD
• Rare significant offering, within a heavily constrained Gold Coast industrial land supply market
• Will Be Sold, do not miss out!

For further information or a private inspection, please contact the exclusive joint-marketing agents below:

RWC Gold Coast:
Jackson Rameau - 0438 451 112
Michael Willems - 0412 240 176

Colliers:
Steven King - 0417 789 599
Marlon Crawford - 0415 480 874

Disclaimer:
The website may have filtered the property into a price bracket for website functionality purposes. Ray White Commercial Gold Coast and Colliers have 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 Commercial Gold Coast and Colliers toward the recipient with regard to the use of this information and all information given without responsibility. *Approximately