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5 Gateway Drive
Biggera Waters QLD 4216
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Sold on 4 Oct 2022

5 Gateway Drive Biggera Waters QLD 4216

  • Showrooms / Bulky Goods
  • 1,140 m²
  • Sold, $4,700,000

Premium Investment - Freestanding Showroom/Bulky Goods Property - Rarely Available

    • Net income of $214,539 p.a.
    • Tenant pays all outgoings, including Land Tax
    • Long term quality tenant
    • 4.5% annual rental increases
    • Lease 2 years plus 2 x 5 year Options
    • High Exposure position
    • Adjacent to Harbour Town Premium Outlets
    • NLA of 1140m2*
    • Land area of 1644m2*

    Professionals Vertullo Real Estate, as exclusive agents, are proud to present this blue chip investment to the market.

    Situated within the booming northern Gold Coast corridor, this is a unique opportunity to secure a premium investment within one of the fastest growing regions in the country. This freestanding, freehold property with multiple access points, is located in an extremely high exposure location at the entrance to the Harbour Town Premium Outlets shopping precinct.

    Overlooking Brisbane Road/Gold Coast Highway, one of the Gold Coast's key arterial roads, with thousands of cars passing each day, your investment is protected with ever increasing population growth driving high tenancy demand.

    High quality tenant operating an International Franchise business that has been in occupancy since 2011, 2 years plus 2 x 5 year options still to run.
    * Approximate

    Property Highlights

    Date Sold4 Oct 2022
    Sold Price$4,700,000
    Floor Area1,140 m²
    Land Area1,644 m²
    ParkingAsk Agent
    Property ID2018025478
    Category
    Last updated  4 Oct 2022
    Map for 5 Gateway Drive Biggera Waters QLD 4216

    Property Highlights

    Date Sold4 Oct 2022
    Sold Price$4,700,000
    Floor Area1,140 m²
    Land Area1,644 m²
    ParkingAsk Agent
    Property ID2018025478
    Category
    Last updated  4 Oct 2022

    Listed by

    Rob Casbolt
    Rob Casbolt
    Professionals Vertullo Real Estate
    Call
    0412 017 999

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