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Sold on 2 May 2019

11-13 Olympic Circuit Southport QLD 4215

  • Industrial / Warehouse
  • 881 m²
  • Sold

NET ANNUAL INCOME $99,486.94*

Michael Willems is pleased to offer to the market this fantastic fully leased investment property. The entire property is currently rented to four separate tenants. Various lease terms give the new owner a great opportunity to increase rents to market rates at renewal dates. We believe this property has substantial rental upside.

* Fully leased investment, absolutely must be sold
* Net Rental $99,486.94* + GST + outgoings
* 4 separate tenancies
* Brilliantly elevated corner position freehold property
* Land Area 2,002*m2 with 881*m2 NLA
* Huge rental upside upon lease renewals
* Fantastic location with easy access and ample parking
* Short walk to Queen Street light rail station
* Central location with easy access to M1
* Surrounded by high quality tenants
* Owners absolutely determined to sell
* Don't miss out outstanding opportunity

So if you have been looking for a property at the right price with upside then simply email, text or call for further information.

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.

AUCTION

Auction date and time02/05/2019 11:00
Auction locationGold Coast Turf Club, Racecourse Drive, Bundall

Property Highlights

Property ID2015124905
Date Sold2 May 2019
Floor Area881 m²
Land Area2,002 m²
ParkingAsk Agent
Category
Last updated  5 Apr 2019
Map for 11-13 Olympic Circuit Southport QLD 4215
Ray White Commercial Gold Coast
Level 2, 50 Cavill Avenue Surfers Paradise QLD 4217

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