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Rare mixed-tenanted investment opportunity in prime location

By Liam O'Boyle

A rare, mix-tenanted, investment opportunity is available for sale via auction in an ideal Benowa location.

Located at 117 Ashmore Road, the Benowa Centre comprises eight consecutive retail lots anchored by a BP Service Station.

Blue chip tenants, including BP and Rigs Recovery, generate a substantial return on investment with long term leases.

Seven out of the nine lots are currently leased, with all nine lots to be leased by October 2021.

The property is offered for sale exclusively by Ray White Commercial Gold Coast’s Scott Wells and group director Gregory Bell, who said the central and high traffic Bundall location allowed for fantastic signage opportunities and plenty of exposure.

“This is a rare investment opportunity with a diverse tenant mix which generates a substantial holding income,” Mr Bell said.

“Rare opportunities with such great exposure are becoming increasingly difficult to acquire with these strong market conditions.

“Commercial investments in the Gold Coast are increasing in popularity due to the large levels of interstate migration, combined with the low interest rate environment.”

The property will be auctioned on September 30 at Gold Coast Turf Club from 11am.

HI-RES IMAGES

Media contacts: 

Gregory Bell

Director

Ray White Commercial Gold Coast

 0414 380 555

g.bell@rwsp.net

Cassandra Glover

Media advisor

Ray White Group

0447 000 472

cglover@raywhite.com

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