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2506 Gold Coast Highway
Mermaid Beach QLD 4218
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Sold on 26 Jul 2021

2506 Gold Coast Highway Mermaid Beach QLD 4218

  • Shop & Retail
  • 2,529 m²
  • Sold, $16,000,000

RETAIL COMPLEX INVESTMENT WITH REDEVELOPMENT UPSIDE

  • Adjacent to proposed Light Rail Station
  • Zoning: 'Mixed-Use'
  • Building Area: 2,529 sqm

This prime property is in a landmark location and adjacent to the proposed Gold Coast Light Rail Stage 3A from Broadbeach to Burleigh Heads, a world class public transport system for residents and visitors to the Gold Coast.

The site has substantial holding income with well known national fast food, pharmacy and medical centre tenants and offers three prominent street frontages on major arterial road and only 300 metres from the beach.

- Land Area: 6,525m2
- Building Area: 2,529m2
- Current tenants include KFC, Chempro plus Medical Centre, Optus Tower and Snooker World
- Mixed-Use zoning with possible TOD precinct outcome subject to DA
- Exposure to 51,000* vehicles daily
- Leases held on demolition clause to allow complete flexibility to incoming purchasers
- Information Memorandum available on request

For further information or to arrange a site inspection, please contact Roland Evans on 0433 335 507 or Ben Evans on 0433 826 647.

Canford Estate Agents Pty Ltd
Canford Estate Agents Pty Ltd
68 Thomas Drive
Chevron Island, QLD 4217

Property Highlights

Date Sold26 Jul 2021
Sold Price$16,000,000
Floor Area2,529 m²
Land Area6,525 m²
ParkingAsk Agent
Property ID2015343218
Category
Last updated  16 Aug 2021
Map for 2506 Gold Coast Highway Mermaid Beach QLD 4218

Nearest transport* to 2506 Gold Coast Highway Mermaid Beach QLD 4218

Bus
Tram
Crescent Avenue35 m
Mermaid Park75 m
Gold Coast Hwy at Ocean Street317 m
Gold Coast Hwy at Glenelg Avenue CLOSED 5/8/24 until 2025341 m
This data is © 2023 The State of Queensland, licenced under CC BY 4.0.
*Within a 4km radius
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Canford Estate Agents Pty Ltd
Canford Estate Agents Pty Ltd
68 Thomas Drive
Chevron Island, QLD 4217

Property Highlights

Date Sold26 Jul 2021
Sold Price$16,000,000
Floor Area2,529 m²
Land Area6,525 m²
ParkingAsk Agent
Property ID2015343218
Category
Last updated  16 Aug 2021

Co-Agents

Roland Evans
Roland Evans
Canford Estate Agents Pty Ltd
Call
0433 335 507
Ben Evans
Ben Evans
Canford Estate Agents Pty Ltd
Call
0433 826 647

More about 2506 Gold Coast Highway Mermaid Beach QLD 4218

2506 Gold Coast Highway Mermaid Beach QLD 4218 is categorized as Shop & Retail Property. It has a floor area of 2,529 m² and a land area of 6,525 m². The listing ID for this property is 2015343218.

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