Sold

5 Newheath Drive,
Arundel 4214, Queensland

3,183m² land size
1,239m² building size
Industrial/Warehouse

$5,520,000


Property details

Net income $310,000p.a. + GST - Fully Leased Freehold Building

Michael Willems from Ray White Commercial Gold Coast, as the exclusive agent, is pleased to present a fantastic opportunity to purchase an industrial investment in one of the Gold Coast's most sought after industrial precincts.

This asset has immediate access to Smith Street Motorway (major east-west arterial road) and close to Westfield Helensvale, Helensvale Station / bus interchange and the M1 Pacific Motorway.

Key Features Includes;
• Fully leased freehold industrial building
• $310,000*p.a. + GST + Outgoings
• Strong tenant with good lease terms
• Attractive annual rent increases

Property Attributes:
• Land area: 3,183m²*
• Building area: 1,752m²*
• Divided internally into two separate tenancies
• Outstanding presentation
• High profile street frontage surrounded by numerous local businesses
• Quality concrete tilt panel construction
• 21 car parks
• Multiple container height roller doors access
• Three phase power
• Easy truck access
• Exposure to the M1 Pacific Motorway
• Quick access to Smith Street Motorway, M1 Pacific Motorway, Westfield Helensvale & Helensvale train station
• Motivated vendor with clear instructions to sell
• Don't miss this rare and outstanding opportunity!

*Approximately

Auction: Thursday, 23 February 2023 at 11am
The Gold Coast Turf Club, Bundall

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

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