Varsity Lakes office sold for $645,000
Contact
Sep 1, 2019
Varsity Lakes office sold for $645,000
A waterfront office at 6/20 Lake Orr Drive, Varsity Lakes has been sold through Ray White Commercial GC South.
-
Ray White Commercial GC SouthThe view from the Varsity Lakes office building.
An interstate investor has purchased an office suite in the Lake Bermuda Point building at Varsity Lakes on the Gold Coast.
Comprising 156 square metres, Suite 103 of Lot 6, 120 Lake Orr Drive comes with an executive office, open work areas, reception, kitchen, and storage.
At a glance:
- Suite 103 of Lot 6, 120 Lake Orr Drive, Varsity Lakes has been sold to an interstate investor for $645,000, reflecting a yield of 6.18 per cent.
- The sale was negotiated by Ray White Commercial GC South agents Tara Imlach and Greg Watson.
- The property garnered 13 enquiries in the three weeks it was on the market.
The building spans 3 levels with lift access and basement parking.
Ray White Commercial GC South agents Tara Imlach and Greg Watson listed the property in August on behalf of a local client.
After three weeks and 13 enquires, the suite was sold to an interstate investor for $645,000, representing a rate of $4,134 per square metre.
It was one of three offers fielded for the site.
Similar to this:
Tenanted Gold Coast investment, office with water views for sale
Trio of warehouses for sale at Burleigh Heads
Industrial office/workshop for sale at Burleigh Heads
Important Information:
Contact details:
Greg Watson
REAL Specialists Commercial
+61417 757 442
Email
10188
10011
Greg Watson
Tara Imlach
LJ Hooker Commercial Southern Gold Coast
+61452 418 343
Email
10188
10005
Tara Imlach
