1/22 Traders Way, Currumbin
What an opportunity! You’d better act fast to secure this property in the tightly held commercial precinct of Currumbin. *…
Case Studies
2211-2215 Gold Coast Highway, Mermaid Beach
A prominently located retail investment opportunity at Mermaid Beach on the Gold Coast located at 211 and 2215 Gold Coast Highway, Mermaid Beach, was sold to a local investor for a yield of approximately 4.67 per cent.
The property comprises two buildings on a total land area of approximately 1,555 sqm and includes 14 tenancies generating net rental income of approximately $420,686 per annum. The two commercial buildings offer a combined net lettable area of approx. 817 sqm with huge redevelopment potential.
| Sales Analysis* | |
| Land Area: | 1,555m²* |
| Enquiries: | 186 |
| Registered Bidders: | 29 |
| Sale Date: | 17th March 2016 |
| Sale Price: | $1,000,000 |
| Sales Process* | |
| Process: | Auction (Under the hammer) |
| Marketing Time Frame: | 4 weeks |
| Budget: | $11,726.00 |
| Yield: | 4.67% |
| Rate per m² | $548 |
Latest Case Studies
53 Winchester Street, Southport
The subject property is a high profile 1,332m²* former car yard site. The property is positioned prominently on the corner…