51 Upton Street Bundall QLD 4217

Showrooms / Bulky Goods
1,144 m²
Sold

BRAND NEW BUILDING - ASX LISTED LONG-TERM TENANT

New 7+7+7yr Lease to Hayman’s Electrical
$300,000 p.a.* Net Income + GST + Outs
1973sqm* Land Area & 1144sqm* NLA

Colliers International, as exclusive marketing agents, are thrilled to present 51 Upton Street, Bundall to the market For Sale. Anchored by Haymans Electrical (ASX: MMF) on a 21-year lease (including options), this outstanding brand new freehold property offers a long term passive investment secured by a high-quality tenant with full depreciation benefit potential.

Features include:
- 7-year lease with 2 x 7-year options
- Tenant: Haymans Electrical (ASX: MMF)
- Net income of: $300,000 p.a.* + GST + Outgoings
- Head lease with parent company - Hayman's nationally has 71 branch outlets and parent company has 250
- Initial lease term commenced: 29/07/2019
- 1,144sqm* of NLA positioned on 1,973sqm* of land
- Located within the Gold Coast's best showroom/bulky-goods precinct
- Genuine seller, will be sold

For more information contact Colliers Internationals Steven King on 0417 789 599.

*approximately.
^please note outlines are indicative only.

Colliers International - Gold Coast

Level 2 Circle on Cavill

Surfers Paradise, QLD 4217

Property Highlights

Date Sold	27 Nov 2019
Floor Area	1,144 m²
Land Area	1,973 m²
Parking	On site parking available
Property ID	2015649040
Category	Showrooms / Bulky Goods
Last updated	27 Nov 2019

Map for 51 Upton Street Bundall QLD 4217

Nearest transport* to 51 Upton Street Bundall QLD 4217

Bus

Tram

Bundall Rd at Pisa Court	193 m
Bundall Rd at Pisa Court	209 m
Ashmore Rd at Upton Street	534 m
Bundall Rd at City of Gold Coast	559 m

*Within a 4km radius

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Colliers International - Gold Coast

Level 2 Circle on Cavill

Surfers Paradise, QLD 4217

Property Highlights

Date Sold	27 Nov 2019
Floor Area	1,144 m²
Land Area	1,973 m²
Parking	On site parking available
Property ID	2015649040
Category	Showrooms / Bulky Goods
Last updated	27 Nov 2019

Listed by

Steven King

Colliers International - Gold Coast

Call

0417789599

More about 51 Upton Street Bundall QLD 4217

51 Upton Street Bundall QLD 4217 is categorized as Showroom & Bulky Goods Property. It has a floor area of 1,144 m² and a land area of 1,973 m². The listing ID for this property is 2015649040.