Ray White Commercial QLD are pleased to present to the market, IGA Tugun at 459 - 461 Golden Four Drive, for sale via public auction to be held on Friday the 27th of August at 10.15 am on Level 26, 111 Eagle Street, Brisbane QLD.
459 - 461 Golden Four Drive, Tugun, presents an opportunity to acquire a tightly held, longleased retail investment with underlying development potential.
Located in Australia's premier tourist destination, and only 3km* from the Gold Coast airport, IGA Tugun is the centrepiece of the local Tugun retail offering. This property comes with a brand-new 15 year lease to the anchor tenant IGA, with a 7-year demolition clause, allowing the incoming purchaser to capitalise on upside well into the future.
The property is further complemented with a compound pharmacy leasing the existing upstairs tenancy, offering two of the most highly-sought after tenants; supermarket and medical.
With flexible Centre zoning, the stage 4 light-rail announced at this IGA's doorstep, and the SEQ olympics confirmed, this property offers long term investment security with an abundance of future upside.
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