Q1 Retail 3003 Surfers Paradise Boulevard,
Surfers Paradise, QLD 4217
Shops & Retail
Price information
Sale
For Sale
Key property information
Land area
Floor area
Tenure type
Tenanted Investment Details
Occupancy
Partially Leased
Est. Incomep.a.
$1,131,609
Number of Tenants
12 Tenants
Tenants / Type
95.5% occupied
Private inspections
to arrange a private inspection.
Map
Q1 Tower Multi Tenanted Retail Precinct
- 13 tenancies (100% occupied)
- Net income: $1,122,345 pa*
- Highly successful centre
Colliers is pleased to present for sale the ‘Q1 Tower Retail Precinct’, a modern multi-tenanted retail centre situated ground floor fronting the Q1 Tower in Surfers Paradise.
Developed in 2005, The Q1 Tower, Australia's tallest building, consists 526 apartments across 78 Floors. The upper two levels being home to the world-class tourist attraction Skypoint, one of Queensland’s most iconic tourist attractions and a major drawcard of foot traffic and clientele benefiting this investment.
Comprising 13 retail tenancies (12 leased - 95.5% occupied) with 34 basement car parking spaces plus 6 additional income producing storage areas, this modern designed, well-presented asset requires minimal capital expenditure in the foreseeable future.
A high quality passive investment with minimal historical tenant turnover, this centre boasts a diverse mix of service orientated local and national businesses across the entire 13 tenancies. Tenants include BWS, Subway, Crema Espresso, a convenience store, beauty salons, real estate agencies and restaurants.
Key attributes:
- Modern high quality well established multi-tenanted investment
- High profile position fronting Australia's tallest building, the world renowned ‘Q1 Tower’
- Net Income: $1,122,345 pa*
- Total NLA: 1,134m²* + additional income producing storage areas
- 13 tenancies (100% occupied)
- Quality secure lease covenants with very low historical turnover of tenants
- Service orientated retail tenant mix
- 34 basement car parking spaces
- Well established low maintenance proven asset
- Tenants benefit from adjoining major tourism attraction “Skypoint” with high volume customer foot traffic daily
- Significant and consistent customer base courtesy of Q1 Apartments (526 holiday and permanent apartments)
- Prime location adjacent to the Surfers Paradise light rail station
^Due diligence available upon request
Please contact Steven King or Marlon Crawford via the agent links for further details.
*Approximately
~Outlines indicative only
Developed in 2005, The Q1 Tower, Australia's tallest building, consists 526 apartments across 78 Floors. The upper two levels being home to the world-class tourist attraction Skypoint, one of Queensland’s most iconic tourist attractions and a major drawcard of foot traffic and clientele benefiting this investment.
Comprising 13 retail tenancies (12 leased - 95.5% occupied) with 34 basement car parking spaces plus 6 additional income producing storage areas, this modern designed, well-presented asset requires minimal capital expenditure in the foreseeable future.
A high quality passive investment with minimal historical tenant turnover, this centre boasts a diverse mix of service orientated local and national businesses across the entire 13 tenancies. Tenants include BWS, Subway, Crema Espresso, a convenience store, beauty salons, real estate agencies and restaurants.
Key attributes:
- Modern high quality well established multi-tenanted investment
- High profile position fronting Australia's tallest building, the world renowned ‘Q1 Tower’
- Net Income: $1,122,345 pa*
- Total NLA: 1,134m²* + additional income producing storage areas
- 13 tenancies (100% occupied)
- Quality secure lease covenants with very low historical turnover of tenants
- Service orientated retail tenant mix
- 34 basement car parking spaces
- Well established low maintenance proven asset
- Tenants benefit from adjoining major tourism attraction “Skypoint” with high volume customer foot traffic daily
- Significant and consistent customer base courtesy of Q1 Apartments (526 holiday and permanent apartments)
- Prime location adjacent to the Surfers Paradise light rail station
^Due diligence available upon request
Please contact Steven King or Marlon Crawford via the agent links for further details.
*Approximately
~Outlines indicative only
Explore property virtually
Video
If you'd like to inspect this property in person, please to arrange a private inspection.
Property ID: 504395428Last Updated: 16 May 2024
Q1 Retail 3003 Surfers Paradise Boulevard
Surfers Paradise, QLD 4217
Colliers - Gold CoastLevel 2 Circle on Cavill, 3184 Surfers Paradise Boulevard
SURFERS PARADISE, QLD 4217
SURFERS PARADISE, QLD 4217
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
For Sale - Seeking $700,000
Units 20 & 21, 9 Beach Road,Surfers Paradise, QLD 4217 134 m²Shops & Retail • Offices • Medical & Consulting
Contact Agent
Capri On Via Roma,Surfers Paradise, QLD 4217 6780 m²Shops & Retail • Hotel, Motel & Leisure • Showrooms & Large Format Retail
Onsite Auction - Saturday 1st June 2024 at 10:30am
23 River Drive,Surfers Paradise, QLD 4217 516 m²Shops & Retail