2578-2580 Gold Coast Highway, MERMAID BEACH QLD 4218
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- Development / Land, Retail, Showrooms / Bulky Goods
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- 10 Nov 2016
PRIME MERMAID BEACH DEVELOPMENT SITE
Currently operated as the popular restaurant Bangkok Thai, the current owner occupiers have decided it is time to hang up their aprons and sell their prime double site on the Gold Coast Hwy in booming Mermaid Beach.
The restaurant straddles the site which was two separate showrooms and could easily be converted back and leased separately. There is a double storey house on the site that features five bedrooms which has good leasing potential.
Ideally this is an excellent development site. In the immediate vicinity the investment in development and infrastructure is at a level never before seen. Pacific Fair is currently undergoing a transformation at a cost of $670m and Jupiters Casino is being refurbished at $345m with a further $850m in planning. The light rail extension is being considered that would make to go directly past Bangkok Thai. On the opposite corner of Peerless Av and the Gold Coast Hwy an 8 level residential tower and commercial space has been approved. On the corner of Surfers Av and the Gold Coast Hwy a major development application has been lodged with council with a decision due this month.
These developments, plus the many smaller projects underway and transforming the already popular area into something very special in the not too distant future.
-Two separate sites of 410m2 total 820m2
-Two retail showrooms
-2580 Gold Coast Hwy with approximately 240m2
-2578 Gold Coast Hwy with approximately 84m2 plus free standing house 220m2
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
2578-2580 Gold Coast Highway...