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COASTAL ° Commercial

24 MUSGRAVE AVENUE Southport, QLD 4215

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24 MUSGRAVE AVENUE,
Southport, QLD 4215

Offices • Shops & Retail • Medical & Consulting

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COASTAL ° Commercial
Lachlan Marshall
Jared Johnson

COASTAL ° Commercial

Level 3, 16 Queensland Avenue
BROADBEACH, QLD 4218
COASTAL ° Commercial
24 MUSGRAVE AVENUE
Southport, QLD 4215

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Freehold Mixed-Use Investment in Vibrant Chirn Park Address

  • Irreplaceable Freehold Mixed-Use Asset
  • Extremely Motivated Sellers
  • Significant Upside
Jared Johnson & LachIan Marshall from Harcourts Coastal Commercial are delighted to offer for sale this extremely rare & dynamic CBD fringe, freehold asset. 24 Musgrave Avenue offers a versatile configuration allowing for a multitude of tenant mixes and income streams for the astute investor looking for a low risk, Blue-Chip Investment strategically located in the heart of one of the Gold Coasts most coveted locations.

The property also offers a turnkey solution for an owner occupier looking for their new HQ. The Ground Floor office tenancy will be sold with vacant possession giving a business owner the opportunity to occupy the tenancy and collect the incredible income the asset offers.
Chirn Park is fast becoming the most progressive and trendy suburbs on the Gold Coast. Benefiting from effortless access to an array of cafes, restaurants, shopping, parks, the Gold Coast Broadwater & excellent transport links including the G-Link (Light Rail), Smith Street Motorway & the Gold Coast Highway. A short drive away is Harbour Town, Australia Fair and the Pacific Motorway. Access to electronic due diligence information will be made available to approved parties upon request and incorporates all available site information, drawings, floor plans & lease documentation.

The sellers are extremely motivated and will entertain all cash unconditional offers prior to Auction. If not sold prior, the property will be sold via Public Auction 11:00am on Wednesday the 4th October at Harcourts Coastal Commercial office. Level 1/16 Queensland Avenue, Broadbeach.

This extraordinary offering can be summarised by the following key attributes with individual tenancy details below:
• Irreplaceable freehold mixed-use asset in popular location
• Blue Chip land holding: 501m2
• Strong rental income with significant upside
• Multi tenanted investment
• Main road position & exposure
• 4 Individual tenancies
• Quality modern concrete tilt panel construction
• Multiple on-site carparks & terrific off-street parking
• Strong rental income with significant upside
• 1000L Grease trap

*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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Property ID: 504412792Last Updated: 8 Nov 2023

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