Large Fully Leased Warehouse - Good return, strong tenant

8/12-20 Lawrence Dr, NERANG QLD 4211

For Sale $2,400,000

Suit Investment or a Growing Business – Large Unit available on Lease back arrangement

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) is available singularly or in tandem with Units 7 and 6

Total rentable space of 543sqm is 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 an option for a further 2 years. The lease term can be flexible. The owners are building their new factory. Current rent $120,000 – $130,000 pa plus outgoings plus GST

The unit has recently undergone extensive Roof Restoration work to bring to “as new” condition.
Estimated return on investment is in the range of 5%

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)
• Factory and offices fully Air conditioned.
• Pneumatic lines installed
• Cat 5 networked
• NBN installed (Dedicated Fibre available)
• Open Plan Office Fit out with two Managers offices, Board Room and reception
• Unit 8 – 10 Car spaces. + VISITORS

For information and inspections, contact the Local GCCRE Agents
Keith Twist 0416 269 753 or Steve O’Connell 0455 044 813

Property Features
  • Industrial/Warehouse
  • Floor Area is 618 m²
  • Plus visitor and street parking Parking Comments
  • 10 Car Spaces