43 Alfred Street is a quality income producing freehold commercial investment situated beachside Mermaid Beach. The property is fully leased to three (3) quality tenants with a current nett income of $146,639* per annum after all outgoings.

The properties tenants are all long term proven tenants with long term lease expiries.

The property consists of a 2 level fully refurbished building with 4 onsite car parks. It has exposure to Gold Coast Highway north bound traffic and is opposite a very popular retail-convenience centre. The property benefits by its beachside affluent location which includes Hedges Avenue and Albatross Avenue.

Sales Analysis*
Lettable Area:338.9m²*
Sale Date:19th February 2014
Enquiries:37

 

Sales Process*
Process:Auction
Marketing Time Frame:4 weeks
Marketing Budget:$10,004.00
Sale Price:$1,750,000

 

*approx