1/25 Orchid Avenue, Surfers Paradise, QLD, 4217

Shop 1 / 25 Orchid Avenue, Surfers Paradise

A rare chance to buy or lease a freehold, fully fitted retail frontage on Orchid Avenue. The beach is one block away and Cavill Avenue light rail station is about 200 m.

FOR SALE – $3,200,000

Offered with vacant possession, so you can occupy it yourself or lease it and hold it. At the quoted rent it shows a gross return of about 5.8% on the asking price.

- 281 m² freehold over two levels (Lot 1 on BUP7339, one of only two lots in the building)

- Centre zone, no mapped height limit (HX), Light Rail Urban Renewal Area

- Suits an owner-occupier or an investor

FOR LEASE – $185,000 p.a. + GST, gross (outgoings included)

Already fitted out, so you can start trading quickly. That's about $658/m² p.a. across 281 m².

- Suits retail, showroom, food and drink, health, beauty or medical, tourism or a professional office (subject to approval)

- Lease term, options and reviews are negotiable

THE PROPERTY

- Double-height glazed shopfront with strong street exposure

- Ground-floor showroom with feature staircase, display counters and joinery

- Upper level with open-plan floor space, an office or consulting room and admin rooms

- Rear storage and back-of-house

- New split-system and ceiling-cassette air-conditioning

THE LOCATION

The subject is on the palm-lined Orchid Avenue dining, retail and nightlife strip, a short walk from Cavill Mall, the Paradise Centre and the Esplanade. Capital is returning to the precinct: Lido Lane opposite has been refurbished and re-leased, the Paradise Centre sold for $346.5M, and Council has committed $100M to upgrading Cavill Mall, Cavill Avenue and the Esplanade.

For Sale by Expressions of Interest. Offer Submission Link: gcprestige.au/eoi

Disclaimer: Information provided, including property descriptions, images, and figures, has been supplied by third parties. While we believe it is reliable, we cannot guarantee its accuracy. Independent inquiries and advice are recommended.

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