4 OLYMPIC CIRCUIT, SOUTHPORT RPD Lot 199 on CP 857 857

This prime freehold commercial property represents outstanding value for money. 1193m2 block with 5 approved food service factories all on long leases. Situated in a prime position with wide frontage to Olympic Circuit, excellent exposure in a prominent position close to Southport CBD & new Gold Coast Hospital. Long leases currently occupied by established tenants until 2017 on 5 x 5 year terms. Nothing to do – set and forget – just collect the rent!

Factory 1 – 47m2 approx.

5 x 5 year lease term option, C.P.I yearly increase (same tenant lease 2)- Tenants pay 10.71% of outgoings.

Factory 2 – 98m2 approx.

5 x 5 year lease term option, C.P.I yearly increase (same tenant as lease 1)- Tenants pay 22.55% of outgoings.

Factory 3 – 98m2 approx.
3 year lease term option, C.P.I yearly increase Tenants pay 22.35% of outgoings.

Factory 4 – 108m2 approx.
5 x 5 year lease term option, C.P.I
yearly increase (same tenants as lease 5) Tenants pay 22.35% of outgoings.

Factory 5 – 94m2 approx.
5 x 5 year lease term option, C.P.I yearly increase (same tenant as lease 4) Tenants pay 22.35% of outgoings.

Total net income $78,064.20 P.A Net. Unique opportunity to secure an excellent investment property!