Sold
Industrial/Warehouse

12 Palings Court Nerang, QLD 4211

Sold for $2,960,000 on 7 Dec 2023
  • Building: 830m²
  • Land: 1,578m²
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Industrial/Warehouse in Nerang

Retired Owner Relocating Overseas - $186,000 Net Income - Long Term Tenant

  • Building: 830m²
  • Land: 1,578m²

Peter Laoudikos & Matt Taylor of RWC Gold Coast, as the exclusive agents, present 12 Palings Court, Nerang for sale via Public Auction. This property is situated in the exclusive Nerang Industrial precinct, offering a great opportunity to investors with a strong tenant, brand new lease, and Pacific Motorway exposure. This location is hard to beat, located just 30 seconds from the Pacific Motorway and situated on a cul-de-sac offering easy access for trucking and freight.

Key features include:

  • 1,578m2* prime industrial land area
  • 830m2* building + additional 145m2* awning for all weather truck loading
  • Net income $186,000 + GST + Outgoings
  • Brand new 5 year lease with 2 x 3-year options
  • Strong tenant who has occupied this property for 18 years "Can Do"
  • 4% annual increases
  • Unbeaten exposure and advertising to the Pacific Motorway
  • Can be split into 2 tenancies
  • 4 x motorised roller doors
  • Ample undercover off-street parking
  • Zoned 'Low impact industry'
  • Easy truck access with turning bay
  • Direct access to the Pacific Motorway
  • Reception, Office, and warehouse
  • Gated perimeter
  • Absolutely will be sold!
  • All cash offers presented!

This asset represents a fantastic opportunity to purchase a tightly held investment in the fastest growing market in Australia.

Offered for sale via Public Auction to be held 11am Thursday 7 December 2023 at the Gold Coast Turf Club, Racecourse Drive, Bundall, QLD.

For more information or to arrange a private inspection, please contact the exclusive marketing agents Peter Laoudikos 0422 118 288 and Matt Taylor 0429 959 429

This property is being sold by auction or without a price and therefore a price guide cannot 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, advice 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.

Building:

830m²

Land:

1,578m² / 0.39 acres

Tenancy:

Tenanted

12 Palings Court, Nerang, QLD 4211