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. *…
The Subject Property has a total land area of 3,618m²* with a commanding 55m* frontage to Bundall Road.
The site is improved by two tenanted front Retail Showrooms, 2 rear (1 leased/ 1 vacant) warehouses and a vacant former restaurant. The subject property has a total lettable area of 1,554m²*, of which 898m²* is currently leased (57% of total lettable area).
The leased areas provide a current holding income of $200,000.00 with leases having demolition clauses in place for redevelopment purposes.
The property is located in the Gold Coasts premier Bulky goods / showroom precinct Bundall. Masters Home Improvement is being constructed on the northern adjoining three blocks which will serve as a drawcard customer hub benefiting the Subject Property.
| Sales Analysis* | |
| Land Area: | 3,618m²* |
| Vendor: | Private Company |
| Sale Date: | 14th November 2014 |
| Enquiries: | 26 |
| Sales Process* | |
| Process: | Auction |
| Marketing Time Frame: | 4 weeks |
| Marketing Budget: | $12,290.00 |
| Sale Price: | $3,500,000 |
| Rate per square metre: | $967.38/m²* |
*approx
What an opportunity! You’d better act fast to secure this property in the tightly held commercial precinct of Currumbin. *…
A prominently located retail investment opportunity at Mermaid Beach on the Gold Coast located at 211 and 2215 Gold Coast…