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36 Kortum Drive
Burleigh Heads QLD 4220
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Sold on 26 Feb 2014

36 Kortum Drive Burleigh Heads QLD 4220

  • Shop & Retail
  • 6,978 m²
  • Sold

Fantastic Furniture Prime Gold Coast Position

New 7 year lease to Fantastic Furniture (84% of income) commenced 16 Dec 2013 + 2 x 5 year options.
Lessee - Fantastic Holdings, ASX listed with 134 stores, 1,500 employees & sales of $456 million.
New 5 year lease to Queensland Massage School commenced 1 Jan 2014 + 2 x 2 year options.
Opposite Stockland Shopping Centre & Bunnings.
Large 6,978 sqm site.
Substantial 4,220 sqm building refurbished 2013, circa $1.5m.
Net Income: $743,704 pa + GST.

CO AGENT
Bayliss & Samra
Nicholas Brown 0412 141 581

AUCTION

Auction date and time25/02/2014 14:00
Auction locationMezzanine Level

Property Highlights

Date Sold26 Feb 2014
Floor AreaAsk Agent
Land Area6,978 m²
ParkingAsk Agent
Property ID2010960471
Category
Last updated  26 Feb 2014
Map for 36 Kortum Drive Burleigh Heads QLD 4220

Property Highlights

Date Sold26 Feb 2014
Floor AreaAsk Agent
Land Area6,978 m²
ParkingAsk Agent
Property ID2010960471
Category
Last updated  26 Feb 2014

Co-Agents

Darren Beehag
Darren Beehag
Burgess Rawson Sydney
Call
0411 226 223
Pat Kelly
Pat Kelly
Burgess Rawson Sydney
Call
0412 244 456

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