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Location:

385 , Nerang Road 4 Industrial Avenue, MOLENDINAR, QLD

Price:

Expressions of Interest Closing Thurs 9 July @ 4pm

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Income And Redevelopment Upside - Buy One Or Buy Both

Type: FOR SALE

Property Features
  • Category : Land/Development
  • Land Area: 2.395
  • Tenancy: Tenanted

Property Description

Michael Willems and Jackson Rameau are pleased to present 385 Nerang Road and 4 Industrial Avenue, Molendinar QLD 4214 for sale via Expressions of Interest closing Thursday, 9th July 2020 at 4pm.

The property is situated in the heart of the Gold Coast, bordered by the busy Nerang Road and Industrial Avenue. This rare redevelopment opportunity is positioned between the M1 Motorway and Southport CBD. With a combined land area of 2.395ha* and a large industrial building on site, this offering is ideal for developers, value add purchasers and industrial or commercial investors.

The property features:

bull; Total land area of 2.395ha* over 2 titles
bull; One large industrial building of 3,048m2* (partially leased on long leases)
bull; Positioned between Smith Street Motorway and the M1 Motorway
bull; Lot 'B' land area 17,740m2* (vacant land zoned 'low impact industry')
bull; Lot 'A' land area 6,212m2*, building area 3,048m2*
bull; Lot 'A' net income of $168,773* p.a. plus 598m2* vacancy upside
bull; Can be bought separately or as one

Offered for sale via Expressions of Interest closing Thursday, 9th July 2020 at 4pm.

*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:85012

Name: Michael Willems

Phone: (07) 5 ****

Ray White Commercial Gold Coast
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