 Asset Class: | Industrial |
 Price: | $ 499000 |
 Net Yield: | 6.00 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | Off Market |
<p class="mb-4">Offered is a prime commercial investment opportunity in the highly sought-after 'Sanctuary' complex, a newly completed multi-level development strategically positioned on Olsen Avenue, Southport. Unit 76features an attractive 111m² area within this premium facility. Completed in December 2024 and leased by mid-January 2025, the subject site has a combined NLA of 1650m2*. The 'Sanctuary' complex stands out with its diverse mix of commercial spaces including warehouses, strata-titled self-storage, and professional offices, all secured with CCTV and 24/7 automated access gates.</p><p class="mb-4">Located in the growing commercial hub of Southport, this investment represents an exceptional opportunity to secure a hassle-free commercial asset with stable income and potential for capital growth. Plus, as a newly constructed asset completed in December 2024, any owner will benefit from minimal maintenance costs and potential tax advantages through depreciation benefits.</p><p class="mb-4">This investment is set to provide a secure income stream of 12-month leaseback guarantee at 6%, offering long-term income security $30,000 + GST + Outgoings.</p>
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Is this property strata titled?
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How long has the tenant been in business?
Is this property in a flood zone?
Is this lease a leaseback arrangement?
<p class="mb-4">Southport is strategically positioned on Olsen Avenue, a main arterial road on the Gold Coast that connects northern residential areas like Paradise Point, Runaway Bay and Labrador to commercial hubs in Bundall and Broadbeach.</p><p class="mb-4">The property sits on the border of Molendinar and Southport, with Southport encompassing the CBD of the Gold Coast. This prime location places the property between Gold Coast University Hospital and Ashmore City Shopping Centre, providing excellent accessibility and visibility.</p><p class="mb-4">The immediate surrounds feature well-established commercial operations including a Bunnings Warehouse, with recent developments bringing Starbucks, Zarraffa's, KFC, UFC Gym, and three service stations within walking distance. This growing commercial precinct ensures strong foot traffic and business networking opportunities.</p><p class="mb-4">Occupiers benefit from easy access to the M1 Pacific Motorway via either Nerang-Southport Road or Smith Street Motorway, making it an ideal location for businesses servicing the greater Gold Coast region. With the Gold Coast population now exceeding 620,000 and growing, this area continues to be one of Australia's most sought-after commercial property investment locations.</p>
Additional Location Information FileInitial Term:
Security:
Security Info:
<p class="mb-4"><u><br>Unit 6</u></p><p class="mb-4">12-month lease back guarantee @ 6%</p><p class="mb-4">Rent – $30,000 + GST + Outs</p><p class="mb-4"><strong>Sale Price - $499,000 + GST</strong></p>
Additional Financial Information FileInitial Term:
Security:
Security Info:
<p class="mb-4">Nil</p>
<p class="mb-4">Nil </p>
Offer To Purchase:
$
Initial Deposit:
$
Due Diligence:
days
Finance:
days
Settlement:
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<ul class="bullet-list"><li><p class="mb-4">Brand new industrial warehouse completed December 2024</p></li><li><p class="mb-4">Premium location with exceptional exposure to Olsen Avenue</p></li><li><p class="mb-4">Strong annual rental of $30000 plus outgoings plus GST</p></li><li><p class="mb-4">100% of outgoings recoverable from tenant</p></li><li><p class="mb-4">Modern construction with minimal maintenance requirements</p></li><li><p class="mb-4">Impressive 5.8m internal clearance height</p></li><li><p class="mb-4">High-quality tenant specialising in prefabricated building products</p></li><li><p class="mb-4">Excellent natural light with floor-to-ceiling double glazed windows</p></li><li><p class="mb-4">Ducted air-conditioning and LED lighting throughout</p></li><li><p class="mb-4">Fibre internet connected to premises</p></li><li><p class="mb-4">24/7 access with security features including CCTV</p></li><li><p class="mb-4">56 shared car spaces and shared truck bay</p></li><li><p class="mb-4">Low Impact Industry zoning allowing for flexible business operations</p></li></ul>
