99 George Street, Beenleigh
Ray White as exclusive agent is pleased to offer for sale the freehold interest in 99 George Street, Beenleigh QLD…
The Subject Property has a total land area of 3,618m²* with a commanding 55m* frontage to Bundall Road.
The site is improved by two tenanted front Retail Showrooms, 2 rear (1 leased/ 1 vacant) warehouses and a vacant former restaurant. The subject property has a total lettable area of 1,554m²*, of which 898m²* is currently leased (57% of total lettable area).
The leased areas provide a current holding income of $200,000.00 with leases having demolition clauses in place for redevelopment purposes.
The property is located in the Gold Coasts premier Bulky goods / showroom precinct Bundall. Masters Home Improvement is being constructed on the northern adjoining three blocks which will serve as a drawcard customer hub benefiting the Subject Property.
| Sales Analysis* | |
| Land Area: | 3,618m²* |
| Vendor: | Private Company |
| Sale Date: | 14th November 2014 |
| Enquiries: | 26 |
| Sales Process* | |
| Process: | Auction |
| Marketing Time Frame: | 4 weeks |
| Marketing Budget: | $12,290.00 |
| Sale Price: | $3,500,000 |
| Rate per square metre: | $967.38/m²* |
*approx
Ray White as exclusive agent is pleased to offer for sale the freehold interest in 99 George Street, Beenleigh QLD…
What an opportunity! You’d better act fast to secure this property in the tightly held commercial precinct of Currumbin. *…