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COASTAL ° Commercial

28 Greg Chappell Drive Burleigh Heads, QLD 4220

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28 Greg Chappell Drive,
Burleigh Heads, QLD 4220

Warehouse, Factory & Industrial • Offices • Development Sites & Land

Price information

Sold

$2,975,000

Key property information

Land area

Floor area

Tenure type

Sold on

COASTAL ° Commercial
Lachlan Marshall
Jared Johnson

COASTAL ° Commercial

Level 3, 16 Queensland Avenue
BROADBEACH, QLD 4218
COASTAL ° Commercial
28 Greg Chappell Drive
Burleigh Heads, QLD 4220

Map of 28 Greg Chappell Drive

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100% Leased Multi Tenanted Trophy Investment with Significant Upside

  • $155,506 p.a. + GST + Outgoings
  • 7 Tenants - 100% Leased
  • Motivated Sellers
OPEN FOR INSPECTION:
Friday 1st October 10.00 - 10.30am
Friday 8thOctober 10.00 - 10.30am
Friday 15th October 10.00 - 10.30am
Friday 22nd October 10.00 - 10.30am

Jared Johnson & Lachlan Marshall from Harcourts Coastal Commercial on behalf of the sellers, have the exclusive privilege to offer this exceptional Burleigh Heads investment. The property is a multi-tenanted, industrial, freehold asset strategically positioned in Queensland's premier Industrial suburb. This property has significant upside & with a few simple strategies, we can help you maximise the return of this highly prized and tightly held investment. For more information call us today. Watch the video for a virtual tour.

The property will be sold via Public Auction 11:00am on Wednesday the 27th October at Harcourts Coastal Commercial office. Level 1/16 Queensland Avenue, Broadbeach.

The property offers the below rarely offered attributes;

• Significant net income $155,506 p.a. + GST + Outgoings
• Net lettable area 1,131m²*
• Substantial 2,429m2 land holding with highly favourable `High Impact Industry' zoning
• 7 Individual tenancies
• A mix of long standing tenants
• Annual rental increases
• Extremely low vacancy rates in suburb
• Substantial rental upside
• Abundance of carparking
• New roof recently installed
• Low maintenance complex
• Surrounded by National and Multi-national businesses within one of the Gold Coast's & Queensland's most sort after Commercial & Industrial estates
• The property can be accessed from Reedy Creek Road, which connects to Bermuda Street and the M1 Pacific Motorway
• Motivated vendor will consider all offers
• Don't miss this rare and outstanding opportunity!


* Approximately

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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: 503917342Last Updated: 27 May 2022

COASTAL ° Commercial
Level 3, 16 Queensland Avenue
BROADBEACH, QLD 4218
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