 Asset Class: | Industrial |
 Price: | $ 646000 |
 Net Yield: | 6.69 % |
Net Yield - including solar strategy: | % |
 Property Market Status: |
<span style="color:rgb(0, 0, 0);">Offered is a leased warehouse investment within the high-end 'Sanctuary' complex—a newly completed, multi-level commercial development fronting Olsen Avenue, Southport. Completed in December 2024, the complex features 2 warehouses, 3 levels of strata-titled self-storage and offices, CCTV, a 24/7 automated access gate, and 56 shared car spaces.</span><br><br><span style="color:rgb(0, 0, 0);">Unit 26 spans 130m2* NLA, comprising a 78m2* warehouse and a 52m2* council-approved mezzanine. Constructed with concrete tilt panels, it features a motorised roller door, brand-new split-system A/C, and a fully fitted kitchenette, bathroom, and shower.</span><br><br><span style="color:rgb(0, 0, 0);">Leased to Australian Restoration and Construction (ARC), a commercial builder specialising in construction, repair, and restoration services across QLD, NSW, and VIC for major insurance companies. As the builder of this complex, ARC leases 2 warehouses on-site to store all of their insurance restoration equipment. They are secured here on a 3+3-year net lease, covering all outgoings, including management fees, with 3% annual increases.</span><br><br><span style="color:rgb(0, 0, 0);">This is a high-quality leased investment offering strong depreciation benefits and delivering a first-year net income of $43,200 pa*.</span>
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<span style="color:rgb(49, 57, 73);">Southport is the Gold Coast's Central Business District and has played a pivotal role in the region’s economic growth for more than a century. As the city’s commercial and administrative hub, Southport has seen significant commercial expansion, attracting businesses across health, education, legal, and professional services. It is home to major institutions such as the Gold Coast University Hospital, Griffith University, and the Southport Health Precinct, reinforcing its status as a key employment and innovation centre. The suburb has benefited from strong infrastructure investment, including the Gold Coast Light Rail, which has enhanced connectivity and supported commercial growth. Property values and business activity have surged in recent years, reflecting Southport’s ongoing economic importance. The Gold Coast’s broader economy reached a Gross Regional Product of $45.38 billion in 2023, with a strong 3% growth rate driven by population increases and business investment, positioning Southport at the forefront of this expansion. With the city’s population projected to reach nearly 1 million by 2040, Southport’s role as the Gold Coast’s economic engine remains critical, continuing to attract businesses, workers, and investors seeking long-term growth opportunities.</span><br><br><span style="color:rgb(51, 51, 51);"><b>Queensland Growth</b></span><br><span style="color:rgb(0, 0, 0);">Queensland’s $500 billion economy has been supported by continued, strong population growth and a resource boom over the past two decades, exceeding the national average and placing the state in a strong position to exceed growth expectations. In the 12 months leading up to April 2024, QLD has seen a 2.2% growth rate in its retail trade during, resulting in an increase of $137 million in trade turnover. QLD achieved the third-highest population growth rate of 2.6% during the 12 months leading up to June 2023. Regarding employment, for the year ending in April 2024, the QLD growth rate rose again by a further 3.96%, employing over 111,000 individuals.</span>
Additional Location Information File<span style="color:rgb(51, 51, 51);">ARC Projects is a fully licensed domestic and commercial builder with over 15 years of industry experience, specializing in professional insurance services. They offer a comprehensive range of services, including 24-hour emergency make-safe responses, streamlined management of low-value claims, mid-range construction projects, and large-scale complex restorations exceeding $200,000. ARC Projects, accredited by HIA, IICRC, and Cm3, delivers high-quality construction, repair, and restoration services across QLD, NSW, and VIC, serving major insurance companies such as Allianz, QBE, and Suncorp. They use this space as their designated storage area as shown in the images.</span><br><a style="color:rgb(51, 51, 51);display:inline;" target="_blank" href="https://arcprojects.com.au/"><u>https://arcprojects.com.au/</u></a><span style="color:rgb(51, 51, 51);"></span>
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Tenant: Australian Restoration and Consutruction Pty Ltd<br>Inital Term: 3 Years<br>Start: 13/01/2025<br>End: 12/01/2025<br>Option: 3 Years<br>Base rents: $43,200* pa + GST & outgoings<br>Rental Reviews: 3% fixed annually<br>Tenant pays 100% of outgoings including strata and management fees.
Additional Financial Information FileInitial Term:
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Security Info:
Sales Data 26/515 Olsen Avenue, Southport - 130m2 - $4,969/m2 1/5 Bailey Crescent, Southport - 153m2 - $6,529/m2 1/38 Dominions Road, Ashmore - 104m2 - $6,058/m2 *No new build rental data available—only office data, which isn’t directly comparable. Will source during DD.
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<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Prized investment in new multi-level GC development </span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Zoned: Low Impact Industry</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">NLA: 130m2</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Concrete tilt slab construction</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Comprising 78m2 warehouse, 52m2 mezz</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Net Income: $43,200* pa</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Tenant pays all outgoings including MGMT</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Increases: 3% annually</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Lease: 3+3 years </span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Fully secured complex with CCTV</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Motorised roller door</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Brand new split system A/C</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Full bathroom including shower & kitchenette</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Permitted use: Storage of goods, equipment and materials</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">High exposure to busy and arterial Gold Coast road</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Option exists to ask developer to increase roller height if desired</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Construction completed Dec 2024, leased in less than 1 month (Jan 2025)</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Well located within Southport, in proximity</span><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;"> to a range of services and amenities</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Good connectivity with the M1 and Southport Nerang Road</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Gold Coast’s population projected to reach nearly 1 million by 2040</span></p></li><li style="list-style-image:none;color:rgb(0, 0, 0);"><p style="display:inline;"><span style="color:rgb(0, 0, 0);font-weight:normal;font-style:normal;">Gold Coast’s GRP to hit $45.38B, driven by population growth, with Southport at its core</span></p></li></ul>
