27 Expansion Street Molendinar QLD 4214

Factory, Warehouse & Industrial
1,664 m²
Sold, $1,750,000

Freehold Investment with Strong Tenant!

This property is located within the Molendinar Industrial Precinct. Minutes from the Southport CBD and Pacific Motorway, it is a strategic location and highly desirable.

This freehold investment has been tenanted by the same lessee for over 12 years and offers:
- Land Size: 1,664 sq mts*
- Building Area: 964 sq mts*
- Tilt Panel Construction
- Layout provides office space on both ground floor and mezzanine, male and female amenities, open plan warehouse which is improved and suitable for food production and manufacturing.

The secure lease to Organic & Natural Enterprise Group (who have occupied the premises for over 12 years) offers:
- Net Income: $129,024 + GST
- Outgoings: 100% payable by tenant
- 3 year lease term with options

Freehold investments with secure tenants like this are scarce, this property is well located, in good condition and offers little risk and management for the investor.

Please contact Tony Grbcic or Adam Grbcic for more information on this property.

Ray White Malan + Co - Broadbeach

Shop L1.50 - Shop L1.54 50 Surf Parade

Broadbeach, QLD 4218

Property Highlights

Date Sold	7 Dec 2017
Sold Price	$1,750,000
Floor Area	Ask Agent
Land Area	1,664 m²
Parking	Ask Agent
Property ID	2013976948
Category	Factory, Warehouse & Industrial
Last updated	12 Dec 2017

Map for 27 Expansion Street Molendinar QLD 4214

Nearest transport* to 27 Expansion Street Molendinar QLD 4214

Bus

Train

Tram

Macquarie Ave near Ashmore Rd hail 'n' ride	380 m
Macquarie Ave near Watford Cr hail 'n' ride	515 m
Macquarie Ave near Watford Crt hail 'n' ride	520 m
Macquarie Ave near Batchworth Rd hail 'n' ride	864 m

*Within a 4km radius

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Ray White Malan + Co - Broadbeach

Shop L1.50 - Shop L1.54 50 Surf Parade

Broadbeach, QLD 4218

Property Highlights

Date Sold	7 Dec 2017
Sold Price	$1,750,000
Floor Area	Ask Agent
Land Area	1,664 m²
Parking	Ask Agent
Property ID	2013976948
Category	Factory, Warehouse & Industrial
Last updated	12 Dec 2017

Listed by

Ray White Malan + Co - Broadbeach

Call

07 55531100

More about 27 Expansion Street Molendinar QLD 4214

27 Expansion Street Molendinar QLD 4214 is categorized as Factory, Warehouse & Industrial Property. It has a land area of 1,664 m². The listing ID for this property is 2013976948.