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75 Surf Parade Broadbeach QLD 4218

  • Retail
  • 24,399 m²
  • For Sale, Contact Agent

The Gold Coast's Premier Mixed Use Asset

- Gold Coasts best mixed-use asset with a thriving F&B precinct ($18,170/ sqm turnover, ex GST) at the heart of Broadbeach

- Fully refurbished anchor tenants, Woolworths and Broadbeach Tavern, performing strongly with Woolworths nearing turnover rent threshold

- Diverse set of income streams including majors (15%), traditional retail (31%), dining & food (23%), office (17%) and car parking (9%) and sundry income (4%)

- Substantial 5.2m visitors in the last year from a significant resident trade area population and immediate proximity to The Star Casino

- Future redevelopment potential with DA approval for a further 3,743 sqm of commercial area over Level 2 (370sqm) and Level 3 (3,373sqm)

- Fully Leased net income of $13,865,000 p.a. as at 1 January 2020. WALE by income of 5.8 years

Property Highlights

Property ID2015733721
Floor Area24,399 m²
Land Area2.12 ha
EnergyAsk Agent
Parking998 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  10 Oct 2019
Map for 75 Surf Parade Broadbeach QLD 4218
JLL - Brisbane
Level 39 Central Plaza One, 345 Queen Street Brisbane City QLD 4000

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