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Brand New Lease & Extension - National Tenant - Absolutel...

3 & 4 / 29 Gibbs Street, ARUNDEL QLD, 4214

For Sale

Property for Sale in 3 & 4 / 29 Gibbs Street, ARUNDEL QLD, 4214

Ray White Commercial Gold Coast

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

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Property Type

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Land Area

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Floor Area

700 SQM
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Brand New Lease & Extension - National Tenant - Absolutely Must Be Sold!

The Jared Johnson & Lachlan Marshall Team are thrilled to offer this fantastic tenanted investment in a central location. The long standing national tenant 'Mayneline Joinery' pay 100% of the outgoings (including land tax) & have a 6 Month Bond! Strategically positioned 3 kilometres from the Gold Coast Highway & 8 kilometres from both entry and exit points for the M1 Pacific Motorway. Watch the video for a virtual inspection.

Our sellers are extremely motivated and have given very clear instructions to sell!

Investment information:

* Both units totalling 700m2* + 110m2 structural mezzanine are currently occupied by National Company Mayneline Joinery Pty Ltd
* $96,541.90pa + GST + Outgoings
* As at 30th January 2020 - $100,100pa + GST + Outgoings (including land tax)
* Lease expiry 30th January 2022 + 2 Year Option
* 3% annual increases
* 6 Months Bond
* Tenant pays rent on the first day of each month 2 months in advance
* Complete make good clause
* Quality constructed concrete tilt panel building
* Ample car parks
* Great truck access
* Container storage / drop off
* Immaculately presented complex
* Only 4 units in the complex

Lot 3

* 328m2* GFA + 110m2* structural mezzanine
* Warehouse / Mezzanine
* Excellent clearance throughout
* 1x Industrial height roller doors
* Exclusive amenities
* Kitchenette / lunch room

Lot 4

* 330m2* GFA + 42m2 approved office mezzanine
* Warehouse / Office / Reception
* 2x Industrial height roller doors

For a detailed Information Memorandum please contact the exclusive listing agents Jared Johnson & Lachlan Marshall for more details by clicking on the link above.


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.


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

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Ray White Commercial Gold Coast

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

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