FOR SALE
Sale by Negotiation

28 Greg Chappell Drive
Burleigh Heads QLD 4220

Bedrooms: -
Bathrooms: -
Car spaces: 34
Floor area: 1131m2
Land area: 2429m2
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Serious rental and development upside on rare Burleigh Heads High Impact Zoned multi-tenanted industrial estate

Peter Laoudikos & Lachlan Holliday offer this exceptional Burleigh Heads investment to the market with serious rental and development upside. The property is a multi-tenanted, industrial, freehold asset strategically positioned in Queensland's premier Industrial suburb. Zoned High Impact Industry and providing an average rental rate of $192* per m², there is some serious upside in this property with leases renewals and rent reviews coming in 2024 & 2025.
The property offers the below rarely offered attributes;
• Gross income $218,209.72* with unit 3 currently vacant
• Average rental rate per m² of $192.94* - well below current rent's provides significant rental upside
• Net lettable area 1,131m²*
• Substantial 2,429m²* land holding with highly favourable `High Impact Industry' zoning
• 7 Individual tenancies with one vacancy provides immediate rental upside or owner possession
• Ability to increase net lettable area with additional mezzanines
• A mix of long standing tenants and new
• Extremely low vacancy rates in suburb
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Property Details for 28 Greg Chappell Dr, Burleigh Heads

Building Type
Commercial
Floor Size
1131m2
Land Size
2429m2

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About Burleigh Heads 4220

The size of Burleigh Heads is approximately 10.2 square kilometres. It has 23 parks covering nearly 16% of total area. The population of Burleigh Heads in 2011 was 9,186 people. By 2016 the population was 10,063 showing a population growth of 9.5% in the area during that time. The predominant age group in Burleigh Heads is 30-39 years. Households in Burleigh Heads are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burleigh Heads work in a professional occupation. In 2011, 59.3% of the homes in Burleigh Heads were owner-occupied compared with 60.2% in 2016.

Burleigh Heads has 9,229 properties. Over the last 5 years, Houses in Burleigh Heads have seen a 86.28% increase in median value, while Units have seen a 97.77% increase. As at 30 September 2024:

  • The median value for Houses in Burleigh Heads is $1,550,468 while the median value for Units is $1,156,008.
  • Houses have a median rent of $950 while Units have a median rent of $750.
There are currently 108 properties listed for sale, and 55 properties listed for rent in Burleigh heads on OnTheHouse. According to CoreLogic's data, 427 properties were sold in the past 12 months in Burleigh heads.

Suburb Insights for Burleigh Heads 4220

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Peter Laoudikos
Lachlan Holliday
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.