The Jared Johnson & Lachlan Marshall team from Harcourts Coastal Commercial are extremely excited to offer to the market this iconic tenanted investment with major development upside. 15 Strathaird Road, Bundall has enjoyed the same high-profile tenant for over 22 years. Development friendly Mixed use, Fringe business precinct' zoning offers a wide range of Commercial & Industrial development opportunities.
Watch our video for a virtual tour.
Our vendor is extremely motivated and given us clear instructions to have this incredible property sold on or before Auction.
- Net income $157,158.06* p.a. + GST + all outgoings
- Substantial land holding of 3,704m²* waterfront
- Freestanding building 1,792m²*
- Iconic tenant has occupied the premises for over 22 years
- Leased to high profile tenant Gold Coast Iceland'
- Current 5 year lease with 5 year option
- Prime street frontage to Strathaird Road of over 40m
- Annual rental increases
- Exceptional re-development potential with strong holding income
- 42 Car parks + additional hardstand
- 4 x Industrial height roller doors
- Development friendly zoning mixed use, fringe business precinct'
- The site takes advantage of the exposure to surrounding major retailers such as the Queensland Department of Main Roads, Australia Post, NAB, The Commonwealth Bank, Westpac, Harvey Norman, Domayne, JB Hi Fi, The Good Guys and the Gold Coast Turf Club
*Approximately
Disclaimer:
Harcourts Coastal Commercial 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 Beyond Commercial Pty Ltd trading as Harcourts Coastal Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.
