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10/28 Burnside Road
Ormeau QLD 4208
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Sold on 10 May 2022

10/28 Burnside Road Ormeau QLD 4208

  • Factory, Warehouse & Industrial
  • 277 m²
  • Sold, $950,000

$67,381.20* Net Return + GST + Outgoings - Opportunity to occupy or find long term tenant in thriving key corridor C

Peter Laoudikos of Ray White Commercial are proud to present to the market, 10/28 Burnside Road, Ormeau QLD 4208.

Positioned perfectly in a key corridor between Brisbane and the Gold Coast, this modern complex offers 232.44m² of factory area plus 44.90m² of mezzanine for a total of 277.34m² plus an additional 97m² of mezzanine built to code awaiting registration. This exceptionally presented commercial offering combines everything you would expect from an industrial warehouse in 2022.

This is perfect for the astute investor looking for a strong income opportunity or someone who is looking to invest now as a going concern and move in at the end of the lease period. The northern Gold Coast corridor has become so important logistically with thousands relocating to the Gold Coast and Brisbane, providing the perfect central location for future business.

This well designed complex provides all features that you would expect from a modern industrial complex.

- Net annual income $67,381.20* + GST + Outgoings
- Owners relocating providing a short term 6 month lease with 2x6 month options
- 232.44m² of factory area plus 44.90 m²of mezzanine for a total of 277.34m² plus an additional 80m² of mezzanine to be approved
- Large upside with mezzanine approval increasing NLA
- Opportunity to invest now and occupy later
- Exclusive use of 5 car spaces
- Corporate style offices with air-conditioning throughout
- Large boardroom and own amenities including, kitchen and male & female toilets
- Security alarm system covering both internal & external areas
- Abundant tenancy signage opportunities
- Easy access to exit points (North & South bound lanes) on the M1 Pacific Motorway
- The area provides low vacancy rates and rising rental prices
- The owner has given clear instructions to sell.

For more information or a private inspection, please contact the exclusive marketing agents Peter Laoudikos on 0422 188 288

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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 Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property Highlights

Date Sold10 May 2022
Sold Price$950,000
Floor Area277 m²
Land Area277 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2017648669
Category
Last updated  7 Jun 2022
Map for 10/28 Burnside Road Ormeau QLD 4208

Property Highlights

Date Sold10 May 2022
Sold Price$950,000
Floor Area277 m²
Land Area277 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2017648669
Category
Last updated  7 Jun 2022
Level 2, 50 Cavill Avenue Surfers Paradise QLD 4217

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