39 Hillcrest Parade,
Miami, QLD 4220

Warehouse, Factory & Industrial • Shops & Retail

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Colliers - Gold Coast

Level 2 Circle on Cavill, 3184 Surfers Paradise Boulevard
SURFERS PARADISE, QLD 4217

04177895...

39 Hillcrest Parade

Miami, QLD 4220

04177895...

Map of 39 Hillcrest Parade

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Brilliantly Positioned Industrial/Gymnasium Investment

Entire Freehold
Holding Income or Ability to Occupy
Vibrant Location Near Beach

Located within the thriving Miami commercial precinct, 39 Hillcrest Parade, Miami, presents a rare opportunity to acquire a freehold Industrial/Gymnasium offering within one of the Gold Coast’s most popular precincts. Currently leased to the long term tenant HPC (Human Performance Centre), the offering offers strong holding income for the remaining term of lease or the potential to owner occupy. Positioned only metres from the beach and neighbouring 'Miami Marketta' the asset is positioned well within a highly sought after commercial pocket.

Features include:
- 1,095sqm* of NLA over 2 levels (636 Ground, 459 Mezzanine)
- 812sqm* Land
- 100% Leased to HPC until September 2021
- Owner occupier opportunity – Tenant willing to vacate prior
- Ample alternate uses, Gymnasium/Indoor recreation approved
- Current net return: $157,442 p.a. + GST*
- 6 onsite car parks
- Ability to split into multiple tenancies
- Low impact Industry zoning
- Thriving commercial/light industrial beachside precinct
- Neighbours Miami Marketta and close to Storage King, KFC, Shell Coles Express

For further information please contact Steven King (0417 789 5...) of Colliers International Gold Coast.

*approximately.
^Outlines indicative only.