Entire Freehold Building - Net $140,000* PA - Fully Let

Auction - Thursday, 12 November 2020 at 11am

48 Peninsular Drive

Surfers Paradise QLD 4217

Offices

FOR SALE

325m2

Michael Willems and Matthew Fritzsche of Ray White Commercial, as exclusive agents, are proud to offer this exceptionally rare opportunity to purchase a quality freehold building right in the heart of Surfers Paradise.

48 Peninsular Drive, Surfers Paradise is a freehold, income producing asset positioned within walking distance to the famous Surfers Paradise beach.

This outstanding investment opportunity features the following:

- Boutique freehold standalone building
- Current net income - $140,000* per annum (tenant pays outgoings)
- Total land area 506m2*
- Total building area 325m2*
- Brand new 3 year lease plus options
- Fully leased investment within walking distance to the light rail station and easy access to the Gold Coast Highway
- Flexible 'Centre' zoning and 'HX' height limit (unlimited height)
- Well positioned within the popular CBD of Surfers Paradise

The owners have given clear instructions to present all offers. For more information or a private inspection, please contact the exclusive marketing agents Michael Willems on 0412 240 176 or Matthew Fritzsche on 0410 435 891.

*Approximately



Auction: Thursday, 12th November 2020 at 11am
Gold Coast Turf Club, Racecourse Drive, Bundall

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.