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COASTAL ° Commercial

35 Production Avenue Molendinar, QLD 4214

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35 Production Avenue,
Molendinar, QLD 4214

Warehouse, Factory & Industrial • Offices

Price information

Sold

$1,838,000

Key property information

Land area

Floor area

Tenure type

Sold on

COASTAL ° Commercial
Lachlan Marshall
Jared Johnson

COASTAL ° Commercial

Level 3, 16 Queensland Avenue
BROADBEACH, QLD 4218
COASTAL ° Commercial
35 Production Avenue
Molendinar, QLD 4214

Map of 35 Production Avenue

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Premium Multi Tenanted Industrial Investment with National Anchor Tenant

  • Net income $92,186.03 p.a. + GST + Outs
  • Substantial rental upside
  • Elevated 1,500m2 land holding
OPEN FOR INSPECTION:
Friday 4th March 11:00 - 11:30 am
Friday 11th March 11:00 - 11:30 am

Jared Johnson & Lachlan Marshall from Harcourts Coastal Commercial on behalf of the sellers, have the exclusive privilege to offer this exceptional Gold Coast investment. The property is a multi-tenanted, industrial, freehold asset strategically positioned in central Molendinar. This property has significant upside & with a few simple strategies, we can help you maximise the return of this highly prized and tightly held investment. For more information call us today.

The property will be sold via Public Auction 11:00am on Wednesday the 16th March at Harcourts Coastal Commercial office. Level 1/16 Queensland Avenue, Broadbeach.

The property offers the below rarely offered attributes
• Significant net income $92,186.03 p.a. + GST + Outgoings
• Ground floor lettable area approximately 804 m²* + Additional office & storage mezzanine
• Elevated 1,500m2 land holding with highly favourable zoning
• A mix of long standing tenants
• National anchor tenant 'KC Dry Cleaning' has a 5 year lease with 2 x 5 year options
• Tenants pay Land Tax
• Annual rental increases
• Extremely low vacancy rates in suburb
• Substantial rental upside
• Abundance of exclusive on-site & off street carparking
• Ample hardstand
• Natural gas town supply
• Upgraded mains water supply
• High clearance, clear span warehouse
• Fully fenced, low maintenance asset
• Surrounded by National and Multi-national businesses within one of the Gold Coast's & Queensland's most sort after Industrial suburbs
• Direct access to major arterial roads, including Smith Street Motorway
• Motivated vendor will consider all offers


*Approximately

Disclaimer:
Harcourts Coastal Commercial 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 Beyond Commercial Pty Ltd trading as Harcourts Coastal Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Additional information

Property ID: 504014615Last Updated: 19 Jun 2023

COASTAL ° Commercial
Level 3, 16 Queensland Avenue
BROADBEACH, QLD 4218

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