When it comes to property, location, location, location is the unquestioned number one investment factor.
Unbeatable bricks and mortar, proven income stream, and terrific street appeal come next. And for any shrewd investor, ease of management and easy maintenance are high up the list.
When you include high roofs, flexibility, local amenity, 16 car spaces and a secure gated lockable hardstand.
Few properties anywhere achieve a fat green tick in every one of these boxes such does 13 Commercial Drive, Ashmore.
Just moments from both Southport and Surfers Paradise CBD’s, and seconds from major-arterial roads in every direction, 13 Commercial Drive sits on a level 1,582m2* site in the renowned Commercial Drive industrial estate – at the geographic heart of Gold Coast City.
No 13 comprises five fully leased, diverse, well established long-term business operators each with a solid trading history delivering reliable, proven rental income stream.
Constructed by the renowned Keith Henry Master Builders with future flexibility in mind, each 150m2* factories features the flexibility of a “knock-out” panel that allows inter-connectability to the adjoining unit should it be required.
Easy-accessed, Commercial Drive is the closest general industrial estate to the Coastal strip boasting wide roadways for truck deliveries and underground power, whilst the building at No. 13 offers every unit 3-phase power, individual water meters, toilet, kitchenettes and separate pedestrian/office/showroom access.
Self-managed with 100% occupancy objectives, and maintained by the vendors, peace of mind and reliable income have been their primary focus rather than extracting the absolute maximum rent.
Options for the next owner include owner-occupation in whole or part, future strata-title of the existing factories, or even the addition of further site coverage as the supply of industrial land close to the coastal strip is a finite and tightly held asset class. Four (TBC) of the tenants have expressed their interest in considering unit purchase through a documented First Right of Refusal should the property be offered via a future strata title scenario.
Please contact the listing agent for more details by clicking on the link above.
*Approx
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.