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81 Lawrence Drive
Nerang QLD 4211
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Sold on 1 Dec 2021

81 Lawrence Drive Nerang QLD 4211

  • Factory, Warehouse & Industrial
  • 2,500 m²
  • Sold, $5,180,000

Trophy Investment On Major Arterial Road | Leased to Food and Beverage Giant

  • Net Income of $263,911.18 + GST + Outs
  • Significant 5,398m2* Land Holding
  • Major Rental & Development Upside

Hudson Kaddatz from Harcourts Coastal Commercial on behalf of the sellers, has the exclusive privilege to offer this absolute trophy investment in the tightly held Nerang industrial precinct. This property is an industrial, freehold asset strategically positioned on the most popular industrial road in South-East Queensland, it is tenanted by a Queensland Food and Beverage giant, 'Global Food and Wine' on a 5 Year Lease with a 5 Year Option. This property has significant rental upside & major development upside in the future with Nerang desperate for a new industrial development. Watch the video for a virtual tour.

The property will be sold via Public Auction 11:00am on Wednesday the 15th December at Harcourts Coastal Commercial office. Level 1/16 Queensland Avenue, Broadbeach.

OPEN FOR INSPECTION:
FRIDAY 10:00am - 10:30am

• Net lettable area of 2,500*m2 plus additional mezzanine office
• Substantial 5,398m²* land holding
• Massive development upside for the patient developer
• Tenanted by Food and Beverage Giant 'Global Food and Wine'
• 5 year lease + 5 year option
• Significant net income of $263,911.18 + GST + Outgoings
• Market review in June 2023, significant rental upside
• Proven tenant, 10 distribution centres across QLD
• Annual rental increases
• Extremely low vacancy rates in suburb
• 2,000m²* easement at rear
• New roof recently installed
• Low maintenance property
• 2 minutes to the M1
• Low Impact Industry zoning
• Surrounded by National and Multi-national businesses within one of the Gold Coast's & Queensland's most sought after industrial locations
• Motivated vendor will consider all offers
• Don't miss this rare and outstanding opportunity!

• Contact the exclusive agent Hudson Kaddatz for a copy of the lease and the Information Memorandum.

* Approximately

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Disclaimer:
Harcourts Coastal Commercial 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 Beyond Commercial Pty Ltd trading as Harcourts Coastal Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

COASTAL ° Commercial
COASTAL ° Commercial
16 Queensland Avenue
Broadbeach, QLD 4218

Property Highlights

Date Sold1 Dec 2021
Sold Price$5,180,000
Floor Area2,500 m²
Land Area5,398 m²
ParkingAsk Agent
Property ID2017417859
Category
Last updated  17 Jan 2022
Map for 81 Lawrence Drive Nerang QLD 4211

Nearest transport* to 81 Lawrence Drive Nerang QLD 4211

Bus
Train
Lawrence Dr near Tropical Dr79 m
Lawrence Dr near Leagues Club Dr156 m
Brendan Dr near OShea Dr237 m
Brendan Dr near OShea Dr257 m
This data is © 2023 The State of Queensland, licenced under CC BY 4.0.
*Within a 4km radius
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COASTAL ° Commercial
COASTAL ° Commercial
16 Queensland Avenue
Broadbeach, QLD 4218

Property Highlights

Date Sold1 Dec 2021
Sold Price$5,180,000
Floor Area2,500 m²
Land Area5,398 m²
ParkingAsk Agent
Property ID2017417859
Category
Last updated  17 Jan 2022

Listed by

Hudson Kaddatz
Hudson Kaddatz
COASTAL ° Commercial
Call
0409589660

More about 81 Lawrence Drive Nerang QLD 4211

81 Lawrence Drive Nerang QLD 4211 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 2,500 m² and a land area of 5,398 m². The listing ID for this property is 2017417859.

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