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Harcourts Coastal Commercial - BROADBEACH

1 & 2, 2 Kendor Street Arundel, QLD 4214

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1 & 2, 2 Kendor Street,
Arundel, QLD 4214

Warehouse, Factory & Industrial • Offices

Price information

Sale

$1,500,000

Key property information

Land area

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$85,500
Number of Tenants
2 Tenants

Private inspections

to arrange a private inspection.
Harcourts Coastal Commercial - BROADBEACH
Hudson Kaddatz

Harcourts Coastal Commercial - BROADBEACH

Level 1, 16 Queensland Avenue
BROADBEACH, QLD 4218
04095896...
Harcourts Coastal Commercial - BROADBEACH
1 & 2, 2 Kendor Street
Arundel, QLD 4214

Map of 1 & 2, 2 Kendor Street

Directions
  • Train stations within 5 km of 1 & 2, 2 Kendor Street, Arundel, QLD 4214Distance
    Helensvale Station3.6 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 1 & 2, 2 Kendor Street, Arundel, QLD 4214Distance
    Gold Coast University Hospital3.1 km
    Parkwood3.4 km
    Parkwood East3.4 km
    Light Rail Depot4.3 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 1 & 2, 2 Kendor Street, Arundel, QLD 4214Distance
    Brisbane Rd at Pine Ridge Road358 m
    Pine Ridge Rd at Lensgate Road421 m
    Pine Ridge Rd at Pine Ridge Caravan Park789 m
    Brisbane Rd at Centre View Drive791 m
    Brisbane Rd at Gateway Drive1 km
    POWERED BY HERE ©
POWERED BY HERE ©

Dual Tenants, Dual Income - Strategic Industrial Investment in Brisbane Road Corridor

  • Anchored By Aitken Welding Supplies
  • 2 Titles | 2 Incomes
  • Outstanding Exposure to Captain Cook Dr
Hudson Kaddatz from Harcourts Coastal Commercial on behalf of the sellers, has the exclusive privilege to offer this outstanding dual tenant investment opportunity in the extremely popular Brisbane Road industrial corridor. These two industrial units (to be sold in one line) feature two tenants, both popular within the local community and are proven business operators. Unit 1 features a brand new lease to the leaders in Welding Supplies across Australia 'Aitken Welding Supplies' who have been trading on the East-Coast of Australia since 1985. The lease gives investors security with a brand new 5 year term and options up to 2047. Unit 2 features a shorter term lease to LJ Marine Services, a local marine mechanic business that has been servicing the luxury yacht and motor market in Northern Gold Coast for 3+ Years. Opportunities like this are few and far between, do not miss the chance to secure this property.


This property is being sold as part of an QLD Wide Industrial Portfolio Sale on behalf of Aitken Welding Supplies, if you have interest in any other properties tenanted by Aitken Welding, please contact Hudson Kaddatz for details on each property.



UNIT 1:
• Net lettable area of 220m²* plus additional air-conditioned office mezzanine
• Tenanted by welding supplies leaders 'Aitken Welding Supplies'
• Brand New 5 Year Lease + Options to 2047
• Significant net income of $45,000 + GST + All Outgoings Per Annum
• Proven tenant, 6 locations across Australia's East Coast
• Favourable 4% Annual Reviews

UNIT 2:
• Net lettable area of 220m²* including rear storage mezzanine
• Tenanted by LJ Marine
• 2 Year Lease + 1 Year Option to April 2024
• Gross income of $40,500 + GST Per Annum
• CPI rent review


• Both Units feature great exposure to busy Captain Cook Drive
• Shared complex parking, easy truck access
• Unit 1 access to side yard
• 5 minutes to the M1
• Low Impact Industry Zoning
• Priced to represent a great value yield to an investor.

• Contact the exclusive agent Hudson Kaddatz for access to the Data Room and more information.

* Approximately

Disclaimer:
Harcourts Coastal Commercial 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 Beyond Commercial Pty Ltd trading as Harcourts Coastal Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

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Additional information

Property ID: 504062091Last Updated: 29 Jun 2022

Harcourts Coastal Commercial - BROADBEACH
Level 1, 16 Queensland Avenue
BROADBEACH, QLD 4218
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