An investment opportunity within the Burleigh Heads industrial precinct on the Gold Coast is available through Aaron Neylan of REAL Specialists Commercial.
A freestanding warehouse investment within the highly-rated Burleigh Heads Industrial precinct is for sale.
Comprising a net lettable area of 694 square metres, plus mezzanines, on an elevated 1,500m²* site, 3 Hutchinson Street incorporates three full leased units, all of which are occupied by longstanding automotive tenants.
The property has a gross income of $120,104* pa plus GST, as well as up to 5 per cent annual rental reviews.
At a glance:
Source: REAL Specialists Commercial
It is the latest in a series of opportunities to be offered in the area through REAL Specialists Commercial, which has overseen the sale of 4 Kortum Drive, 27 Central Drive, and 1/22 Taree Street in the past two months.
Agency Partner Aaron Neylan, who has been appointed to market 3 Hutchinson Street, told WILLIAMS MEDIA the property carried a range of benefits for investors.
Source: REAL Specialists Commercial
"The property's central position in the Burleigh industrial precinct and strong tenancy mix it makes it a very attractive investment opportunity," he said.
"Elevated sites in this area do not come around very often."
The property at 3 Hutchinson Street, Burleigh Heads (Gold Coast) is for sale via offers to purchase closing Friday 28th August at 4pm.
Click here to view the listing.
*Approximately
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