Description

Gold Coast Commercial are pleased to present 1/20 Nerang Street for sale.

Located over the river from the M1 motorway ensures easy access to the Gold Coast, Brisbane and Northern NSW.

With a proven tenant this riverfront property boasts the following features.

• 193sqm floorplate
• 4 Onsite Car Parks
• Useful fit out for future purposes if required
• 2 mins to the M1
• Currently leased for $73,548 p.a * including outgoings (effective 12/12/23)
• 4% annual increases
• Statutory Outgoings $9,738 approx p.a ( Rates $4,428 and Body Corp $5,310)
• Tenant has just extended existing term from 12/12/24 to 12/12/26 (Being Documented)

The existing tenant has been in place since 2021 and is the owner of the adjacent property so the intention is to stay long term.

For further Information or viewing please contact
Steve O'Connell 0455 044813
Keith Twist 0416 269753

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.