89 Ashmore Road,
Bundall, QLD 4217
Showrooms & Large Format Retail • Warehouse, Factory & Industrial • Shops & Retail
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Map of 89 Ashmore Road
SINGLE TENANT, FREESTANDING, FREEHOLD INVESTMENT IN PRIME MAIN ROAD LOCATION
- Freehold investment opportunity
- Existing lease expires November 2024
- Prime tightly held location
REAL Specialists Commercial are pleased to offer for sale 89 Ashmore Road, Bundall for $3,200,000 (as a going concern).
A freehold investment opportunity, located on Ashmore Road and zoned mixed use, this property offers long term security for the astute investor.
Ideally positioned in Gold Coast's primary showroom precinct, the property boasts excellent exposure to heavy traffic flows and commercial hubs thanks to the precinct being home to a number of major retailers such as Harvey Norman, Domayne, Adairs, Petbarn and numerous more. As a result, this property is ideally located close to numerous high engagement traffic zones as customers flow throughout the precinct's retailers.
The property is currently leased to Carpet Court on a 5 year lease + 5 year option at a net annual rental of $198,512.21^.
Property Information:
- Land area: 1,518m2*
- Building area: 560m2* comprising 428m2* of showroom and 132m2 of warehouse*
- 15 onsite car parks
- Zoned: Mixed use, (Fringe business precinct)
- Freehold investment opportunity
- Existing lease expires November 2024
*approximately
^ November 2020 rent increase taken into consideration.
A freehold investment opportunity, located on Ashmore Road and zoned mixed use, this property offers long term security for the astute investor.
Ideally positioned in Gold Coast's primary showroom precinct, the property boasts excellent exposure to heavy traffic flows and commercial hubs thanks to the precinct being home to a number of major retailers such as Harvey Norman, Domayne, Adairs, Petbarn and numerous more. As a result, this property is ideally located close to numerous high engagement traffic zones as customers flow throughout the precinct's retailers.
The property is currently leased to Carpet Court on a 5 year lease + 5 year option at a net annual rental of $198,512.21^.
Property Information:
- Land area: 1,518m2*
- Building area: 560m2* comprising 428m2* of showroom and 132m2 of warehouse*
- 15 onsite car parks
- Zoned: Mixed use, (Fringe business precinct)
- Freehold investment opportunity
- Existing lease expires November 2024
*approximately
^ November 2020 rent increase taken into consideration.
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Bundall, 4217 demographic data
The median household income for Bundall is $1,957, 30% higher than Regional Queensland's household income of $1,507. Bundall has a similar age profile compared to the rest of Regional Queensland (median age 41). Property ownership data shows 51% of property owners in Bundall have a mortgage.
4,895
Population
$1,957 per week
Median household income
41 years
Median age
Owners
Most residents
Families
Most households
04196410...
89 Ashmore Road
Bundall, QLD 4217
REALspecialists Commercial - .PO Box 1331
COOLANGATTA, QLD 4225
COOLANGATTA, QLD 4225
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