• Land size 809*sqm
• Besser block single level construction.
• 2 Tenants occupy the building
• Current holding income of $62,920*p.a. (100% of outgoings paid by the tenant )
• The best development zoning you could ask for with the best height limit
• Perfect for any business suit office, medical, dental, factory, warehouse and distribution.
• Seller has had over 35 years of history in this building as a tenant and then owner, now retirement forces sale.
• Be 1 of only 5 owners in the whole street!
• Don't miss this outstanding opportunity
• Will be sold on or before Auction.

After many years of operating out of the premises and transitioning into the landlord, the seller has come to the conclusion that it is time to part with this asset. After acquiring the property as a long term hold for their intended business use securing a vital piece of real estate in such an established area. They have now reached that time in their lives where the property will be moved on to new owners as they move into the retirement cycle of their lives. The decision to sell this asset has not been taken likely and has come from many years of decisions with the family. How often is it that you get to own a piece of Commercial Real Estate this close to all the action with such great zoning and future development opportunity let alone be only 1 or 5 owners in the whole street!

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For more information please contact Exclusive Agents, Ryan Langham and Thomas Clark.

Disclaimer:
Ray White 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 'The Collective Commercial Pty Ltd' trading as Ray White Commercial (CG) divisions toward the recipient with regard to the use of this information and all information given is given without responsibility. Visit www.crechannel.com.au for Commercial Real Estate Tips Commercial Real Estate Gold Coast. Commercial Real Estate Burleigh Heads