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Colliers - Gold Coast

3 Avalon Parade & 39 Hillcrest Parade Miami, QLD 4220

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3 Avalon Parade & 39 Hillcrest Parade,
Miami, QLD 4220

Warehouse, Factory & Industrial • Development Sites & Land • Showrooms & Large Format Retail

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Key property information

Land area

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Colliers - Gold Coast
Marlon Crawford
Matthew Adcock

Colliers - Gold Coast

Level 2 Circle on Cavill, 3184 Surfers Paradise Boulevard
SURFERS PARADISE, QLD 4217
Colliers - Gold Coast
3 Avalon Parade & 39 Hillcrest Parade
Miami, QLD 4220

Map of 3 Avalon Parade & 39 Hillcrest Parade

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SOLD | Beachside Industrial Investments with Endless Future Upside

  • Combined net income of $324,567 p.a.
  • Generous annual increases
  • Multi-year lease renewal options
Colliers are pleased to present to the market for sale individually or in one-line, 3 Avalon Parade & 39 Hillcrest Parade, Miami QLD 4220. Two beachside freehold investments containing endless future upside in one of the Gold Coast's most desirable and flourishing locations, which stands to benefit from both the future G-Link Extension (Light Rail Stage 3) and 2032 Olympics Pizzey Park Master Plan.

Stong future income across two semi-modern freestanding facilities, situated on adjacent rectangular-shaped allotments and comprising two street frontages, makes this a versatile offering to be noticed.

These freehold investments share the following key features:

3 Avalon Parade, Miami

- 814m² of superior industrial land
- 716m²* of net lettable area across office, showroom and warehouse
- Net income of $175,457.82* p.a. + Outgoings + GST (excluding land tax)
- Generous fixed annual increases
- Leased until 2026 with options to 2028
- Future upside potential STCA
- 20.27m* of street frontage
- Ample on-grade parking

39 Hillcrest Parade, Miami

- 812m² of high-profile industrial land
- 828m²* of net lettable area across office and warehouse
- Net income of $149,109.27* p.a. + Outgoings + GST (excluding land tax)
- Future rental uplift
- CPI Increases
- Leased until 2025 with options to 2031
- Potential future upside STCA
- 20.16m²* of street frontage
- On-grade & street parking

For sale via Offers to Purchase.

Please contact Colliers exclusive agents Matthew Adcock or Marlon Crawford for further information.

* All figures are approximate

Property ID: 504555040Last Updated: 6 Jun 2024

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Colliers - Gold Coast
Level 2 Circle on Cavill, 3184 Surfers Paradise Boulevard
SURFERS PARADISE, QLD 4217

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