5 Gateway Drive, Biggera Waters QLD 4216
Sold for $4,700,000
Premium Investment - Freestanding Showroom/Bulky Goods Property - Rarely Available
• Net income of $214,539 p.a.
• Tenant pays all outgoings, including Land Tax
• Long term quality tenant
• 4.5% annual rental increases
• Lease 2 years plus 2 x 5 year Options
• High Exposure position
• Adjacent to Harbour Town Premium Outlets
• NLA of 1140m2*
• Land area of 1644m2*
Professionals Vertullo Real Estate, as exclusive agents, are proud to present this blue chip investment to the market.
Situated within the booming northern Gold Coast corridor, this is a unique opportunity to secure a premium investment within one of the fastest growing regions in the country. This freestanding, freehold property with multiple access points, is located in an extremely high exposure location at the entrance to the Harbour Town Premium Outlets shopping precinct.
Overlooking Brisbane Road/Gold Coast Highway, one of the Gold Coast’s key arterial roads, with thousands of cars passing each day, your investment is protected with ever increasing population growth driving high tenancy demand.
High quality tenant operating an International Franchise business that has been in occupancy since 2011, 2 years plus 2 x 5 year options still to run.
* Approximate
Property ID: 1242255
Contact Agents
Vertullo Real Estate
30 The Esplanade, Paradise Point QLD 4216 | Phone (07) 5501 4044