51 Upton Street,
Bundall, QLD 4217
Showrooms & Large Format Retail
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Colliers - Gold Coast
Level 2 Circle on Cavill, 3184 Surfers Paradise BoulevardSURFERS PARADISE, QLD 4217
04177895...
51 Upton Street
Bundall, QLD 4217
Map of 51 Upton Street
BRAND NEW BUILDING - ASX LISTED LONG-TERM TENANT
- New 7+7+7yr Lease to Hayman’s Electrical
- $300,000 p.a.* Net Income + GST + Outs
- 1973sqm* Land Area & 1144sqm* NLA
Colliers International, as exclusive marketing agents, are thrilled to present 51 Upton Street, Bundall to the market For Sale. Anchored by Hayman’s Electrical (ASX: MMF) on a 21-year lease (including options), this outstanding brand new freehold property offers a long term passive investment secured by a high-quality tenant with full depreciation benefit potential.
Features include:
- 7-year lease with 2 x 7-year options
- Tenant: Hayman’s Electrical (ASX: MMF)
- Net income of: $300,000 p.a.* + GST + Outgoings
- Head lease with parent company - Hayman's nationally has 71 branch outlets and parent company has 250
- Initial lease term commenced: 29/07/2019
- 1,144sqm* of NLA positioned on 1,973sqm* of land
- Located within the Gold Coast's best showroom/bulky-goods precinct
- Genuine seller, will be sold
For more information contact Colliers International’s Steven King on 0417 789 5....
*approximately.
^please note outlines are indicative only.
Features include:
- 7-year lease with 2 x 7-year options
- Tenant: Hayman’s Electrical (ASX: MMF)
- Net income of: $300,000 p.a.* + GST + Outgoings
- Head lease with parent company - Hayman's nationally has 71 branch outlets and parent company has 250
- Initial lease term commenced: 29/07/2019
- 1,144sqm* of NLA positioned on 1,973sqm* of land
- Located within the Gold Coast's best showroom/bulky-goods precinct
- Genuine seller, will be sold
For more information contact Colliers International’s Steven King on 0417 789 5....
*approximately.
^please note outlines are indicative only.
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Property ID: 503331078Last Updated: 16 Dec 2019
Colliers - Gold CoastLevel 2 Circle on Cavill, 3184 Surfers Paradise Boulevard
SURFERS PARADISE, QLD 4217
SURFERS PARADISE, QLD 4217
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