28 Greg Chappell Drive,
Burleigh Heads, QLD 4220
Warehouse, Factory & Industrial • Development Sites & Land • Other
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Sale by Negotiation
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Map of 28 Greg Chappell Drive
Train stations within 5 km of 28 Greg Chappell Drive, Burleigh Heads, QLD 4220 Distance Varsity Lakes Station 1.9 km POWERED BY HERE ©Bus stops within 5 km of 28 Greg Chappell Drive, Burleigh Heads, QLD 4220 Distance Reedy Creek Rd at Ambassador Drive 685 m Coolibah CR Near Willow St 735 m Mattocks Rd at Viburnum Street 777 m Reedy Creek Rd at Executive Drive 804 m Willow St Near Wattle St 882 m POWERED BY HERE ©
POWERED BY HERE ©
Serious rental and development upside on rare Burleigh Heads High Impact Zoned multi-tenanted industrial estate
Peter Laoudikos & Lachlan Holliday offer this exceptional Burleigh Heads investment to the market with serious rental and development upside. The property is a multi-tenanted, industrial, freehold asset strategically positioned in Queensland's premier Industrial suburb. Zoned High Impact Industry and providing an average rental rate of $192* per m², there is some serious upside in this property with leases renewals and rent reviews coming in 2024 & 2025.
The property offers the below rarely offered attributes;
• Gross income $218,209.72* with unit 3 currently vacant
• Average rental rate per m² of $192.94* - well below current rent's provides significant rental upside
• Net lettable area 1,131m²*
• Substantial 2,429m²* land holding with highly favourable `High Impact Industry' zoning
• 7 Individual tenancies with one vacancy provides immediate rental upside or owner possession
• Ability to increase net lettable area with additional mezzanines
• A mix of long standing tenants and new
• Extremely low vacancy rates in suburb
• Above average carpark ratio
• New roof installation
• Low maintenance complex
• Surrounded by National and Multi-national businesses within one of the Gold Coast's & Queensland's most sort after Commercial & Industrial estates
• The property can be accessed from Reedy Creek Road, which connects to Bermuda Street and the M1 Pacific Motorway
* Approx.
Disclaimer:
RWC 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, advice or as is otherwise necessary. No duty of care is assumed by RWC divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.
The property offers the below rarely offered attributes;
• Gross income $218,209.72* with unit 3 currently vacant
• Average rental rate per m² of $192.94* - well below current rent's provides significant rental upside
• Net lettable area 1,131m²*
• Substantial 2,429m²* land holding with highly favourable `High Impact Industry' zoning
• 7 Individual tenancies with one vacancy provides immediate rental upside or owner possession
• Ability to increase net lettable area with additional mezzanines
• A mix of long standing tenants and new
• Extremely low vacancy rates in suburb
• Above average carpark ratio
• New roof installation
• Low maintenance complex
• Surrounded by National and Multi-national businesses within one of the Gold Coast's & Queensland's most sort after Commercial & Industrial estates
• The property can be accessed from Reedy Creek Road, which connects to Bermuda Street and the M1 Pacific Motorway
* Approx.
Disclaimer:
RWC 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, advice or as is otherwise necessary. No duty of care is assumed by RWC divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.
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Property ID: 504656436Last Updated: 6 Sep 2024
28 Greg Chappell Drive
Burleigh Heads, QLD 4220
RWC Gateway8/229 Junction Road
CANNON HILL, QLD 4170
CANNON HILL, QLD 4170
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