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Same Tenant for 20 Years - CBD Fringe Entry Level Investment

4/21 Olympic Circuit,, SOUTHPORT QLD, 4215

Sold

Property Sold in 4/21 Olympic Circuit,, SOUTHPORT QLD, 4215

Ray White Commercial Gold Coast

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

Listing ID:
11341135
Status:
Sold
Price:
Auction, Thursday 2nd May 2019, 11am
Last Updated:
09/07/2019
Icon building

Property Type

Industrial/Warehouse
Icon square

Land Area

N/A
Icon size

Floor Area

216 SQM
Icon parking

Parking

N/A

Same Tenant for 20 Years - CBD Fringe Entry Level Investment

The Jared Johnson & Lachlan Marshall Team as exclusive agents are proud to offer this exceptional opportunity for you to secure a long standing tenanted investment strategically positioned in the Gold Coasts premier Industrial & Commercial business precinct.

Our vendor has committed elsewhere, extremely motivated and has given very clear instructions to sell on or before Auction.

* Strong Net Income $39,392.73 + GST + Outgoings
* Long standing tenant (over 20 years)
* Tenant favourable to extend current term and options
* 216m2* + Additional mezzanine
* Grease trap
* 4 exclusive use car parks
* Full fit out structural mezzanine
* Annual rental increases
* Large committed investment from current tenant into Solar Power, Cool Rooms & Structural Mezzanine
* Walking distance to the Queen Street Light Rail Station
* Surrounded by National and Multi-national businesses within one of the Gold Coast's most central Commercial & Industrial estates
* 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.

For more details, please email agent

Ray White Commercial Gold Coast

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


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