Ray White to sell a fully leased freestanding office building and a freehold commercial property.
INVESTORS have the chance to snap up two outstanding commercial opportunities as a fully leased freestanding office building and a freehold commercial property head to auction.
Southport’s 48 Nind Street comprises 552 square metres of NLA and 483 square metres land area with nine car parks available for use.
Also in Southport, 68 Meron Street offers 607 square metres total land area with an internal office area of 175 square metres plus a huge on-site double garage and more space at the rear for parking.
The properties are being marketed and sold by Ray White Commercial Gold Coast Sales Specialist Michael Willems and Sales Professional Jackson Rameau.
At a glance:
Mr Willems said 48 Nind Street was perfectly positioned, close to existing business and retail precincts, and benefited from being surrounded by national and international brands.
He said the building had recently been refurbished and presented to a very good standard.
“This commercial freehold offering is occupied by four tenants and generates a combined net annual income of $153,414.99 per annum plus GST plus increases,” Willems said.
“It benefits from a high-profile corner location with easy access and plenty of on-street parking, but is also just a stroll to the nearest light rail station.
“Improvements to the site comprise a two-level freestanding office building divided into four separate tenancies.
“It offers a solid and diverse tenant profile including China Sourcing, Form Fitness Pilates and Neweys Dry Cleaners.”
Mr Rameau said 68 Meron Street was well positioned in the Gold Coast’s premier retail and showroom precinct.
“The asset is perfectly positioned in a prime high-traffic location close to existing business and retail precincts,” Rameau said.
“The high-exposure site offers excellent connectivity and accessibility to a wide variety of business and lifestyle amenities across the Gold Coast.
“The building comprises a semi-modern office fit-out with a reception/waiting area, separate offices and a small kitchenette.
“Other improvements include a freestanding garage situated to the rear boundary and the site also comprises one concrete crossover from Meron Street, concrete driveway, and gravel hardstand at the rear.”
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