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Location:

507 , Olsen Avenue, SOUTHPORT, QLD

Price:

AUCTION

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Entire Freestanding Industrial Complex In Prime Location

Type: FOR SALE

Auction Date: Thursday 9th of April 2020 11:00:00 AM

Property Features
  • Category : Industrial/Warehouse
  • Land Area: 5261 Square Metres
  • Building Area: 2464 Square Metres
  • Tenancy: Vacant

Property Description

Michael Willems is pleased to present 507 Olsen Avenue, Southport QLD 4215 for sale via Public Auction.

This modern industrial complex situated in the heart of Southport consists of 11 separate tenancies ranging in size from 157m2* - 271m2* and generates a combined annual net income of approximately $316,005.96.

Sitting on a 5,261m2* site, the building itself has been well constructed and maintained and offers ample car parking and hardstand.

This property represents a fantastic opportunity to purchase a quality multi-tenanted income producing investment situated in one of the tightest held industrial/commercial precincts on the Gold Coast.

Features:

- Net income approx. $316,005.96* per annum
- Modern industrial complex situated in a high profile/high traffic location fronting Olsen Avenue
- 11 separate tenancies ranging from 157m2* - 271m2*, all with easy access
- 5,261m2* total land area
- 2,464m2* total NLA (Net Lettable Area)
- Surrounded by major brands (Bunnings, Aldi, Supercheap Auto, Spotlight, KFC, Zarraffa's Shell)

*approximately

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, advices 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.

Property Agent

Advert Id:83841

Name: Michael Willems

Phone: (07) 5 ****

Ray White Commercial Gold Coast
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