Colliers is pleased to present 48-50 Price Street, Nerang, the Nerang Library, a landmark civic facility and a rare opportunity to acquire a blue chip, government leased commercial asset in the heart of Nerang’s civic and commercial precinct.
Purpose built and fully occupied by the City of Gold Coast as the Nerang Library under a brand new 3 year lease, this essential service community asset delivers secure income today with exceptional long term adaptability.
Positioned on a substantial 3,912sqm* freehold landholding and improved by 1,602sqm* of high quality commercial built form, the property offers excellent accessibility, a strong parking ratio and prominent exposure along a major Nerang thoroughfare. Its strategic position near the M1 Motorway, combined with accelerating population growth and limited new supply, underpins its long term investment fundamentals.
This is a balanced, future proof opportunity, supported by strong underlying land value, a reliable municipal tenant covenant and compelling long term value add potential.
Key Highlights:
- City of Gold Coast secured investment
- 1,602sqm* of high-quality commercial building area, designed for functionality and long term adaptability
- Positioned on a 3,912sqm* freehold site within a core activity centre
- 49 on site car parks, including 46 undercover, delivering outstanding accessibility
- Secure government backed income through a lease to the City of Gold Coast, operating an essential service community library
- Low risk, reliable investment supported by the strength of a major municipal tenant
- Highly adaptable built form, suitable for future commercial, medical, allied health or community uses (STCA)
- Versatile internal layout with strong structural integrity and excellent access throughout
- Located within a rapidly expanding catchment, supported by significant population and infrastructure growth
- Limited new competing supply and rising construction costs elevating demand for existing quality commercial assets
- Strategic proximity to the M1 Motorway, enabling seamless connectivity across the Gold Coast and into Brisbane
- A balanced investment offering secure income today with compelling long term value add potential
Offered for sale by tender, closing on 01 April at 4:00pm.
Due diligence information is available upon request.
For more information, please do not hesitate to contact exclusive agent:
Steven King, Director in Charge |Colliers Gold Coast.
Remember to mention you found this property on CommercialReady
Colliers is pleased to present 48-50 Price Street, Nerang, the Nerang Library, a landmark civic facility and a rare opportunity to acquire a blue chip, government leased commercial asset in the heart of Nerang’s civic and commercial precinct.
Purpose built and fully occupied by the City of Gold Coast as the Nerang Library under a brand new 3 year lease, this essential service community asset delivers secure income today with exceptional long term adaptability.
Positioned on a substantial 3,912sqm* freehold landholding and improved by 1,602sqm* of high quality commercial built form, the property offers excellent accessibility, a strong parking ratio and prominent exposure along a major Nerang thoroughfare. Its strategic position near the M1 Motorway, combined with accelerating population growth and limited new supply, underpins its long term investment fundamentals.
This is a balanced, future proof opportunity, supported by strong underlying land value, a reliable municipal tenant covenant and compelling long term value add potential.
Key Highlights:
- City of Gold Coast secured investment
- 1,602sqm* of high-quality commercial building area, designed for functionality and long term adaptability
- Positioned on a 3,912sqm* freehold site within a core activity centre
- 49 on site car parks, including 46 undercover, delivering outstanding accessibility
- Secure government backed income through a lease to the City of Gold Coast, operating an essential service community library
- Low risk, reliable investment supported by the strength of a major municipal tenant
- Highly adaptable built form, suitable for future commercial, medical, allied health or community uses (STCA)
- Versatile internal layout with strong structural integrity and excellent access throughout
- Located within a rapidly expanding catchment, supported by significant population and infrastructure growth
- Limited new competing supply and rising construction costs elevating demand for existing quality commercial assets
- Strategic proximity to the M1 Motorway, enabling seamless connectivity across the Gold Coast and into Brisbane
- A balanced investment offering secure income today with compelling long term value add potential
Offered for sale by tender, closing on 01 April at 4:00pm.
Due diligence information is available upon request.
For more information, please do not hesitate to contact exclusive agent:
Steven King, Director in Charge |Colliers Gold Coast.
Remember to mention you found this property on CommercialReady
48-50 Price Street, Nerang, QLD, 4211
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