3 Large Combined Units - Rare Opportunity - Lease Back Sale

6.7.8/12-20 Lawrence Dr, NERANG QLD 4211

For Sale One Combined Unit $6,000,000

Suit Investment or a Growing Business

A rare investment opportunity to join the success of the Jupiter Plaza complex on Lawrence Drive Nerang. Rarely do these units come onto the market.
This is the best location on the Gold Coast with instant access to the M1 Highway North and South and East/West arterials
Unit 8 – 618 sqm (468 Floor + 150 Mezzanine)
Unit 7 – 319 sqm ( 219 Floor + 100 Mezzanine)
Unit 6 – 587 sqm ( 437 Floor + 150 Mezzanine)
TOTAL SPACE 1524 sqm

3 Combined units with total rentable space of 1,524 sqm currently under lease to the owners who operate an extremely successful Branding Solutions company. The sellers are looking to lease back for a period of 3 years with a further option of 2 years. The lease term can be flexible for one or all units. The owners are building their new factory.

At the completion of the tenancy, the new owners will have the options to lease the units as one, or maximise return and minimise the risk with three separate leases . Alternatively occupy and rent 1 or 2 units securing your future growth space

The units have recently undergone extensive Roof Restoration work to bring them to as new condition.

Estimated return on investment is in the range of 4.3% or $3950 per sqm

Building Features include
• 400 Amps of power ( $150,000.00 cost)
• Polished Concrete Floors ($90,000.00 cost )
• Fully Insulated internally
• Heat Reflective externally on roofs
• Full Roof Restoration within the last 12 months ($70,000 cost)
• All Factories and offices fully Air conditioned.
• Pneumatic lines installed
• All factories Cat 5 networked
• NBN installed (Dedicated Fibre available)
• Open Plan Office Fit out with two Managers offices, Board Room and reception (unit 8) U6&7 Mezz are suitable for offices if required
• Unit 8 – 10 Car spaces. Unit 7 – 5 car spaces. Unit 6 – 9 car spaces
• TOTAL 24 CAR SPACES + VISITORS

For information and inspections, contact Gold Coast Commercial
Keith Twist 0416 269753
Jo Bailey- Green 0483 824696

Property Features
  • Industrial/Warehouse
  • Land is 1,124 m²
  • Floor Area is 1,524 m²
  • 24 spaces across 3 units + visitor spaces Parking Comments
  • 24 Car Spaces