An unrivalled opportunity exists to purchase 'Upton Plaza', a multi-tenanted freehold asset located at 21-23 Upton Street, Bundall listed for sale via public auction.
Located on the eastern side of Upton Street on a large land footprint and surrounded by national draw card tenants, properties in this location rarely become available.
Features include:
4,050sqm* land area
3 front retail showrooms plus 5 rear showrooms
Front showrooms: 1,745sqm* NLA, Rear showrooms: 405sqm* NLA
41m* frontage with drive in, drive out capabilities
Projected fully-leased net income: $332,352 p.a* + GST (ex land tax)
55 on-grade car parks
Rare offering with major development upside potential
Genuine interstate seller, will be sold
For further information please contact Marlon Crawford (0415 480 874) and Steven King (0417 789 599) of Colliers International Gold Coast.
*approximately.
^outlines indicative only.