A private investor has pounced on a freestanding warehouse in the Burleigh Heads industrial precinct, purchasing the property ahead of its auction date following a competitive marketing campaign.

Positioned on a prime 1,786m2* corner site at the intersection of Kortum Drive and West Burleigh Road, 4 Kortum Drive has a total NLA Showroom and warehouse area of 550m2* and comprises of 1 individual fully leased tenancy rented to a long-standing local tenant of 18+ years. 

At a glance:

• A freestanding warehouse at 4 Kortum Drive, Burleigh Heads has been sold prior to its scheduled auction on July 11 for an undisclosed amount. 
• The campaign for the property received more than 30 enquiries, leading to three inspections and multiple offers.
• The property was sold through Aaron Neylan and Jared Hodge of REAL Specialists Commercial.

Image: Exterior of 4 Kortum Drive, Burleigh Heads. Source: REAL Specialists Commercial.

The property is located amongst several national operators such as Bunnings Warehouse, Bursons, Rebel Sport, Supercheap Auto and Stocklands Shopping Centre.

Selling agent Aaron Neylan of REAL Specialists Commercial, who marketed the property with Jared Hodge, said there had been more than 30 enquiries for the property, leading to three inspections and multiple offers.

"It was one of the strongest campaigns we've experienced for such a blue-chip opportunity," he said.

*Approximately 

Image: Interior of 4 Kortum Drive, Burleigh Heads. Source: REAL Specialists Commercial.

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