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20 Central Park Avenue, Ashmore, QLD, 4214

+43 Photos

+45 Photos

SOLD

20 Central Park Avenue, Ashmore, QLD, 4214

Properties / Sold / Queensland / Ashmore

Tenanted Investment

1. Property Summary

Selling Method

EOI

Selling Details

Auction Wed 8 Feb

Land Area

1,316 m² (*approx)

Floor Area

940 m² (*approx)

Property Type

Industrial, Other

Sub-type

Office/Warehouse, Warehouse Showroom

Terms

8 year initial lease term plus options

Est. Income

$140,000 p/a

Car Spaces

Show All

2. Property Highlights

SOLD - 8 Year Lease + Options | Freehold Property | Gold Coast

Medical grade tenant
Long term lease
Fringe Business Zoning

The ultimate investment - 8 year lease plus options to a medical grade tenant. Freehold land with quality freestanding industrial building located in the middle of the Gold Coast.

- First years rental: $140,000 plus all outgoings plus GST pa

- Second years rental: $150,000 plus all outgoings plus GST

- Use: Pharmaceutical goods manufacturing

- 8 year initial lease term plus options

- Solid annual increases

- Personal guarantees and appropriate bond

- 1,316sqm land with 940sqm building*

- Freehold parcel

- Potential dual tenancy in the future

- 2 x large roller doors

- 12 x car spaces

- Fringe Business zoning

This asset is located in the same street as Ashmore Factory Outlets (Billabong, Rip Curl, Good Price Pharmacy, etc.), Budget Truck Rentals, Master Builders, and Central Park Tavern. Only 2.5km to the M1 Pacific Motorway.

To be sold via Public Auction on Wednesday 8 February 2023 at 1.30pm QLD time.

Will be sold! Phone bidding with live video broadcast available with prior arrangement.

Exclusive agent:

Josh Wright from Crew Commercial

(*approx.)

Remember to mention you found this property on CommercialReady