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28 George Street Southport QLD 4215

  • Factory, Warehouse & Industrial
  • 88 m²
  • For Sale, $580,000 Tenanted Investment

Industrial Tenanted Investment on Brand New 5 Year Lease + Options

This rare inner city industrial freehold offers those who are wanting an investment opportunity with a secure, long term lease garnering a 6.4% return just minuted from the Southport CBD.

Key Features Include:
+ 516m2 land parcel with a 88m2* home/office and a 66m2* rear workshop.
+ Exclusive on-site parking as well as drive through capacity from George to Maid Street
+ Brand new 5 year lease with a 5 year option with a Net income of $37,596 + Outgoings + GST
+ Value Add potential as it offers wonderful re-development possibilities.
+ Asking price of $580,000 with a 6.4% yield on investment, simply irresistible.

*Approximately

Please contact the listing agent for more details by clicking on the link above.
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes

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.

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Property Highlights

Property ID2016163035
Floor Area88 m²
Land Area510 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  19 May 2020
Map for 28 George Street Southport QLD 4215
Map for 28 George Street Southport QLD 421528 George Street Southport QLD 4215
Ray White Commercial Gold Coast
Level 2, 50 Cavill Avenue Surfers Paradise QLD 4217

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

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