We are delighted to present this incredible investment opportunity, 100% leased and occupied by tenants in essential industry segments servicing the rapidly expanding northern suburbs.
The property consists of a large flat land parcel of 4,568m2, with the highly desirable "Centre" zoning, and a 2 storey commercial building of approx. 1,774m2. Other features include:
• Strong annual rental income of approx. $637,960
• 16 high quality tenancies with an exceptional tenancy record
• Diverse tenancy mix including retail, healthcare, education, employment and legal services
• 87 on-grade car parks
• Directly opposite strong trading Woolworths supermarket
• Bunnings, McDonalds, Aldi, Kmart, Woolworths, Caltex and Australia Post are all within 400 metres
With concrete construction, split system air-conditioners (no cooling tower) and no lift, the property is a highly efficient building to operate.
This is your chance to secure a strong performing modern freestanding multi-tenanted commercial centre in the Gold Coast’s booming Northern Growth Corridor.
Offers to purchase closing 15th February 2022
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* Approximate
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5 Cottonwood Place, OXENFORD, QLD, 4210