News

Shred-X founder sends blue-chip Helensvale freehold property to auction

By Aaron Hivon
A BLUE-CHIP freehold property on one of the tightest held and highly exposed commercial and industrial streets on the Gold Coast is heading to auction at 42 Siganto Drive, Helensvale.

The asset is owned by Shred-X founder Nick Karos and comes with a land area of 1,497sq m* and has a net lettable area of 761sq m*.

The property is marketed by Ray White Commercial Gold Coast award-winning duo Jared Johnson and Lachlan Marshall.

Mr Johnson said the location alone would be a major selling point with its prominent location and its high-profile exposure.

“The property is strategically positioned directly parallel with the M1 Pacific Motorway, which means this site is exposed to over 100,000* cars every single day,” he said.

“It also takes advantage of surrounding major operators such as McDonald’s, Caltex fuel station, Zarraffa’s Coffee, Movie World, Top Golf and Wet ‘n’ Wild theme parks.

“The property can be utilised as a prominent company headquarters or as an investment opportunity to secure a national or multi-national tenant.

“The fact the site has been owned by a major Australian company founder should give real confidence as to the opportunity on offer to any potential buyers.”

Mr Marshall said the asset came with all the facilities and amenities needed for a major business to take over the reins.

“This property really is a dream for any company as it comes with an entire fit-out and all of the furniture included in the sale,” he said.

“It has a large welcoming foyer, four practical open-plan work areas and comes with multiple large executive offices and meeting rooms.

“There’s also three expansive boardrooms, archive room, air-conditioning throughout both levels, has mixed-use fringe business precinct zoning and the icing on the cake is the 31 car parks that are available.”

The auction will take place, if not sold prior, on Thursday 21 February at 11am at the Gold Coast Turf Club, Racecourse Drive, 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