A prominent industrial building in bustling Burleigh Heads on the Gold Coast has hit the market, being offered for the first time in over 30 years.
17-25 Greg Chappell Drive, Burleigh Heads is being offered for sale by Expressions of Interest, with the campaign being managed by Tony Stone from Ray White Commercial Robina.
“We are already seeing a lot of interest from astute investors who are attracted to the prime land holding with significant annual income and attractive rental upside,” Mr Stone said.
The fully leased industrial complex sits on approximately 7,549sqm of land with a building size of 3,675sqm and comprises 16 individual units, all leased on various terms. The complex is generating approximately $354,865 plus GST per year in income.
“Owning anything substantial on the Gold Coast for almost 30 years is noteworthy, making it a special moment for the family who have decided that it’s time to sell,” Mr Stone said.
“The southern Gold Coast and Burleigh Heads area has experienced enormous growth over the past few years, which has had a great impact on industry in the area.”
The property offers significant potential and diversity depending on the buyers motivation and preference.
“Whether it’s for investment purposes, future redevelopment upside, or individually strata titling all units. It is one of the largest Industrial sites in Burleigh Gardens Estate, with fantastic street frontage,” Mr Stone said.
The Expressions of Interest campaign closes on Thursday 3 November at 4pm (AEST).
HIGH-RES IMAGES HERE
Media contacts:
Tony Stone
Ray White Commercial Robina
tony.stone@raywhite.com
0409 792 650
Nina Clarke
Ray White Media
nclarke@raywhite.com
0448 841 606
