News

Quadruple commercial assets to be hammered home at auction

BUYERS have several exceptional opportunities to snap up one of four commercial properties heading to auction on the same day as an A-grade medical asset, an entire industrial building, a sought-after development site and an arcade shop all go under the hammer.

The four properties are being marketed and sold by Ray White Commercial Gold Coast Sales Specialist Michael Willems and Sales Specialist Jackson Rameau.

“A deceased estate at 122 Bundall Road(above) in Bundall sits on arguably the busiest road on the Gold Coast, surrounded by major corporate office users, industrial properties and high-end medical outfits,” Mr Willems said.

“With high exposure and ‘Precinct 1 Bundall’ zoning, this property is 50 per cent leased to a well-regarded dental clinic, and has redevelopment potential for a multi-level office.

“The entire industrial building at 12 Energy Crescent(above) in Molendinar offers a rare opportunity to purchase a quality freehold property in one of the tightest-held industrial and commercial precincts on the Gold Coast.

“The income-producing asset is a fully-leased investment, provides $138,467.07* p.a. of net income, is just 900m* to the M1 Pacific Motorway, and has  the ability to be strata titled into four separate lots, if desired.”

“The development opportunity at Southport’s 7 Alicia Street(above) is in the tightly-held pocket of ‘Low Impact Industry – Commercial’ zoned land surrounded by a number of commercial users, allowing for panoramic views back to Surfers Paradise,” Mr Rameau said.

“There are a number of existing high-end office/warehouse buildings in the area, with more first-class developments in the pipeline. The position in between Ferry Road and Southport-Nerang Road makes the area appeal to a wide range of office and industrial users.

“Then, we’re offering to market 18/9 Trickett Street(below) in the heart of Surfers Paradise, sitting within a complex that offers ample car parking, facilities, and dual access to two major streets.

“This really is a fantastic 20sq m* unit that will appeal to many buyers and it must be sold, either at auction, or prior.”

The auctions will take place on Thursday 20 August at 11:00am (AEST) at The Gold Coast Turf Club in Bundall.

*Approximately.

Up to Date

Latest News

  • Exploring the Advantages of Net Leases for Commercial Assets

    Exploring the Benefits of Net Leases in the Realm of Commercial Assets In the dynamic and ever-evolving realm of commercial real estate investments, net lease properties have emerged as an enticing option, captivating commercial investors with their unique financial structures. Net lease agreements empower tenants to participate in the financial … Read more

    Read Full Post