 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 7 features 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>
How old is the asset?
Vendor's reason for selling?
Days property been on market?
Is this property strata titled?
Are the seller and tenant related parties?
How long has the current tenant been on site?
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">Unit 515 Olsen Avenue enjoys a strategic position on the border of Molendinar and Southport, the latter encompassing the CBD of the Gold Coast. This prime location sits between Gold Coast University Hospital and Ashmore City Shopping Centre, placing it at the heart of commercial activity in the region.</p><p class="mb-4">The immediate surrounds feature high-traffic retailers including Bunnings Warehouse, with additional amenities such as Starbucks, Zarraffa's, KFC, UFC Gym, and multiple service stations all within walking distance, creating a vibrant commercial hub.</p><p class="mb-4">Olsen Avenue itself is a major arterial road connecting northern Gold Coast residential populations from Paradise Point, Runaway Bay and Labrador to commercial centres in Bundall and Broadbeach. The property benefits from excellent transport connectivity with easy access to the M1 Pacific Motorway via either Nerang-Southport Road or Smith Street Motorway.</p><p class="mb-4">The Gold Coast region continues to thrive with a population now exceeding 620,000 (2021 ABS Census) and featuring a diverse demographic including 29.1% of residents born overseas. This growing population has cemented the area as one of Australia's most sought-after commercial investment locations, characterised by high occupier demand and limited commercially zoned areas.</p>
Additional Location Information File<p class="mb-4">New construction</p>
Initial Term:
Security:
Security Info:
<p class="mb-4">Financial Summary</p><p class="mb-4"></p><p class="mb-4"><u>Unit 7</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:
days
<ul class="bullet-list"><li><p class="mb-4">Newly constructed industrial warehouse in prestigious 'Sanctuary' development</p></li><li><p class="mb-4">Prime location with exceptional main road exposure on Olsen Avenue</p></li><li><p class="mb-4">Modern concrete tilt panel construction with impressive 5.8m clearance height</p></li><li><p class="mb-4">Premium features including ducted air-conditioning and LED lighting</p></li><li><p class="mb-4">Floor-to-ceiling double glazed windows providing excellent natural light</p></li><li><p class="mb-4">Multiple access points including street frontage and rear entry</p></li><li><p class="mb-4">Strategic position between Southport CBD and major transport corridors</p></li><li><p class="mb-4">Walking distance to major retailers including Bunnings, Starbucks and UFC Gym</p></li><li><p class="mb-4">Easy motorway access connecting to broader Gold Coast region</p></li><li><p class="mb-4">24/7 secure access with CCTV and automated gate system</p></li><li><p class="mb-4">Shared amenities including truck bay and 56 car spaces within complex</p></li></ul>
