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Same Tenant for 16 Years - Freehold Investment

155-157 Old Pacific Highway, OXENFORD QLD, 4210

For Sale

Property for Sale in 155-157 Old Pacific Highway, OXENFORD QLD, 4210

Ray White Commercial Gold Coast

Level 2, 50 Cavill Avenue, Surfers Paradise, QLD 4217

Listing ID:
11371107
Status:
Active
For:
Sale
Price:
For Sale By Offers To Purchase
Last Updated:
23/01/2020
Icon building

Property Type

Industrial/Warehouse/Showrooms/Bulky Goods
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Land Area

3744 SQM
Icon size

Floor Area

1493 SQM
Icon parking

Parking

N/A

Same Tenant for 16 Years - Freehold Investment

Opportunity to purchase this freehold commercial site with 3,744*m2 of Land, current NLA of 1,493*m2 with a further 900*m2 of NLA possible STCA, situated across 2 titles (one owner). This is to be sold in one line. The positioning of these freehold sites is opposite Bunnings and in an extremely tightly held precinct of mixed-use commercial and industrial. ONLY DOUBLE BLOCK OPPORTUNITY AVAILABLE.

Tenants:
155 Old Pacific Highway, Oxenford
1043.8*m2 NLA
Land Size 1,881*m2
Current rental amount $246,000*pa+GST+outgoings
(143.8*m2 has been offered to CNW with their lease expiring November 2020, current discussions are underway with the tenant

157 Old Pacific Highway, Oxenford
450*m2 NLA (350*m2 warehouse & 100*m2 office area)
Land Size 1,863*m2
Rental history supports $120,000 - $150,000*pa + GST + outgoings

(Under current zoning, an additional 900*m2 could be built- STCA)

Contact Thomas Clark or Ryan Langham for more information

*Approx

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.

For more details, please email agent

Ray White Commercial Gold Coast

Level 2, 50 Cavill Avenue, Surfers Paradise, QLD 4217


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