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Sold on 2 Aug 2010

Surfers Paradise QLD 4217

  • Shop & Retail
  • 8,328 m²
  • Sold

SURFERS' BEST RETAIL INVESTMENT PROPERTIES OR REDEVELOPMENT SITE

    The Forum Properties are being offered for sale in one line via Formal Offers to Purchase. Offers should be submitted in writing prior to close of business on Friday 28th May 2010.

    Strategically positioned in the central heart of Surfers Paradise retail and entertainment precinct, on the beachside of the Gold Coast Highway now referred to as Surfers Paradise Boulevard.

    ENTIRE SITE
    - Net Operating Income (Passing) $2,754,445*
    - Net Operating Income (Fully Leased) - $3,563,320*

    LOT A - Paradise Avenue, 3163-3173 Surfers Paradise Boulevard
    - A three level retail and commercial building including a 340sqm* ANZ Bank.
    - Land Area: 1,462sqm*
    - NLA: 2,613sqm*

    LOT B - The Forum Arcade, 26 Orchid Avenue
    - A mixed level retail building and office tower containing an NLA of 4,905sqm* with 34 basement carparks.
    - Land Area: 2,612sqm*
    - NLA: 4,905sqm + 34 carparks

    LOT C - The Lido Arcade, 3153 Surfers Paradise Boulevard
    - A retail arcade containing 810sqm* NLA with two levels of unused residential units above.
    - Land Area: 1,182sqm
    - NLA: 810sqm (plus 20 units above)

    FOR A COPY OF THE DETAILED INFORMATION MEMORANDUM, PLEASE CONTACT THE JOINT AGENTS:

    Mark Witheriff | CB Richard Ellis | 0439 038 100 | mark.witheriff@cbre.com.au

    Dan McVay | McVay Real Estate | 0412 872 859 | dan@mcvayre.com.au

    *Approximate

    Brenda Cherry
    CBRE Gold Coast
    Brenda Cherry
    CBRE Gold Coast

    Property Highlights

    Property ID2016609251
    Date Sold2 Aug 2010
    Floor Area8,328 m²
    Land Area5,256 m²
    ParkingOn site parking available
    Category
    Last updated  9 Nov 2020
    Map for Surfers Paradise QLD 4217
    Map for Surfers Paradise QLD 4217Surfers Paradise QLD 4217
    Brenda Cherry
    CBRE Gold Coast
    Brenda Cherry
    CBRE Gold Coast

    Property Highlights

    Property ID2016609251
    Date Sold2 Aug 2010
    Floor Area8,328 m²
    Land Area5,256 m²
    ParkingOn site parking available
    Category
    Last updated  9 Nov 2020
    CBRE Gold Coast
    Level 18, 50 Cavill Avenue Surfers Paradise QLD 4217
    Brenda Cherry
    CBRE Gold Coast
    Brenda Cherry
    CBRE Gold Coast
    Brenda Cherry

    Brenda Cherry

    CBRE Gold Coast

    +61 *** ***
    +61 420 437 280

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