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75 Surf Parade Broadbeach QLD 4218

  • Shop & 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 traditional retail (48%), dining precinct (23%), office (20%) and car parking (9%)
    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
    Expressions of Interest closing 4pm (AEDT) Thursday 7 November 2019

    Property Highlights

    Property ID2015733721
    Floor Area24,399 m²
    Land Area2.12 ha
    EnergyAsk Agent
    ParkingAsk Agent
    Building TypeWhole building
    Annual ReturnAsk Agent
    Last updated  21 Oct 2019
    Map for 75 Surf Parade Broadbeach QLD 4218
    Map for 75 Surf Parade Broadbeach QLD 421875 Surf Parade Broadbeach QLD 4218
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