112 Bundall Road,
Bundall, QLD 4217
Shops & Retail
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Colliers - Gold Coast
Level 2 Circle on Cavill, 3184 Surfers Paradise BoulevardSURFERS PARADISE, QLD 4217
112 Bundall Road
Bundall, QLD 4217
Map of 112 Bundall Road
High Profile Bundall Road Showroom Investment
- Freehold investment opportunity
- Showroom- 650m²; Land area- 1,879m²
- Prime main arterial road position
Colliers is pleased to present 112 Bundall Road, Bundall, a quality showroom investment positioned prominently within the Gold Coast’s premier retail / showroom precinct .
Presenting immaculately and currently tenanted by Lynton & Forrester. This single tenanted property generates a current holding income of $159,600* per annum.
Fronting Bundall Road, arguably the Gold Coast’s busiest arterial road, the property benefits from over 55,000* cars passing daily and the precinct is home to a multitude of National draw card occupiers.
A very tightly held market, there are just 22 freehold showrooms fronting Bundall Road, with only 2 having been sold in the past 5 years.
Property highlights include:
- Land Area 1,879m²
- Total 650m²* of freestanding building area
- Leased to Lynton & Forrester (also based in James Street, Brisbane)
- $159,600* pa. current gross holding income
- Very conservative rental rate at just $245.50/m²*gross (including outgoings), well under surrounding current market rental rates being achieved
- Surrounded by national high profile drawcard occupiers
- Ideally positioned in the Gold Coast's primary bulky goods / retail showroom precinct
- Front and rear showroom with outdoor display yard joining both areas
- Showroom layout offers easy ability to split and lease to multi tenants upon lease expiry
- Zoned mixed use (Fringe Business precinct)
- Sellers circumstances requires immediate sale!
For Sale via Offers to Purchase closing Thursday 8 September 2022 at 5:00pm (AEST) (Offers will be considered prior)
For more information contact Colliers exclusive agents, Steven King or Marlon Crawford.
*all figures are approximates.
Presenting immaculately and currently tenanted by Lynton & Forrester. This single tenanted property generates a current holding income of $159,600* per annum.
Fronting Bundall Road, arguably the Gold Coast’s busiest arterial road, the property benefits from over 55,000* cars passing daily and the precinct is home to a multitude of National draw card occupiers.
A very tightly held market, there are just 22 freehold showrooms fronting Bundall Road, with only 2 having been sold in the past 5 years.
Property highlights include:
- Land Area 1,879m²
- Total 650m²* of freestanding building area
- Leased to Lynton & Forrester (also based in James Street, Brisbane)
- $159,600* pa. current gross holding income
- Very conservative rental rate at just $245.50/m²*gross (including outgoings), well under surrounding current market rental rates being achieved
- Surrounded by national high profile drawcard occupiers
- Ideally positioned in the Gold Coast's primary bulky goods / retail showroom precinct
- Front and rear showroom with outdoor display yard joining both areas
- Showroom layout offers easy ability to split and lease to multi tenants upon lease expiry
- Zoned mixed use (Fringe Business precinct)
- Sellers circumstances requires immediate sale!
For Sale via Offers to Purchase closing Thursday 8 September 2022 at 5:00pm (AEST) (Offers will be considered prior)
For more information contact Colliers exclusive agents, Steven King or Marlon Crawford.
*all figures are approximates.
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Property ID: 504133831Last Updated: 8 Nov 2022
Colliers - Gold CoastLevel 2 Circle on Cavill, 3184 Surfers Paradise Boulevard
SURFERS PARADISE, QLD 4217
SURFERS PARADISE, QLD 4217
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