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15 and 16 , 511 Olsen Avenue Southport, QLD 4215

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15 and 16 , 511 Olsen Avenue,
Southport, QLD 4215

Showrooms & Large Format Retail • Offices • Shops & Retail

Price information

Sale - Expression of Interest

For sale by expressions of interest

Detailed listing

Key property information

Floor area

Car spaces

Parking info

Property extent

Zoning

Municipality

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$485,003
Number of Tenants
1 Tenant
Tenants / Type
Powertec wirless technology

Private inspections

to arrange a private inspection.

Map of 15 and 16 , 511 Olsen Avenue

Directions
  • Train stations within 5 km of 15 and 16 , 511 Olsen Avenue, Southport, QLD 4215Distance
    Gold Coast University Hospital1.6 km
    Nerang Station3.7 km
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  • Tram stops within 5 km of 15 and 16 , 511 Olsen Avenue, Southport, QLD 4215Distance
    Southport Depot1.3 km
    Parkwood East2 km
    Nerang Street2.8 km
    Parkwood4.2 km
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  • Bus stops within 5 km of 15 and 16 , 511 Olsen Avenue, Southport, QLD 4215Distance
    Nerang Rd at Aquinas Catholic College359 m
    Ashmore City Shopping Centre368 m
    Currumburra Rd at Green Glen Road397 m
    Southport Nerang Rd at Industrial Avenue656 m
    Olsen Ave at Crestwood Plaza701 m
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10 Year Straight lease investment - Strategic Gold Coast Location

  • Straight 10 year lease term with options
  • Annual increases greater of 3% or CPI
  • Market review in year 6
This prime property is unpinned by a long established tenant operating in a growth area many would consider future proof and therefore a very low risk investment for decades. The tenancy is spread over 2 levels with a separate strata for each level. The upper level comprises mainly of work stations, offices, staff amenities and meeting areas. The lower level is interconnected via a stair way and comprise of similar areas but includes a showroom and some light engineering work spaces. There are 17 allocated car spaces across the two tenancies.

The property position enjoys very high exposure on a major Gold Coast arterial and is well connected to Gold Coast University Hospital, M1 motor way and only 10 minutes to CBD and coastal regions of the the Gold Coast.

Our client will consider selling the upper and lower strata separately and also reserves the right to sell prior to the close of EOI if the right proposal is tabled.

Please see our extensive 3 D virtual walk through in the link below .

Further information can be gained by contacted Terry Naug 04117266...

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If you'd like to inspect this property in person, please to arrange a private inspection.

Property ID: 504714620Last Updated: 17 Oct 2024

04117266...
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15 and 16 , 511 Olsen Avenue
Southport, QLD 4215

Detailed listing

IQ Property Solutions
1/115 Scarborough Street
SOUTHPORT, QLD 4215

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