1 Flagstone Drive

Burleigh Heads QLD 4220

Substantial 1,847 m land holding with favourable corner site position
Net lettable area: 881m
Significant net income $179,740 p.a. + GST + Outgoings
Substantial capital expenditure to the property by National tenant which includes a caf which they operate
Annual rental increase: 5%
20 Car Parks
4 Individual tenancies (option to lease out individually over the lifetime of the investment and increase the income)
Extremely low vacancy rates in suburb
Substantial rental upside
Abundance of carparking
Low maintenance complex
Zoning: Light Industrial Low Impact
Surrounded by National and Multi-national businesses within one of the Gold Coast's & Queensland's most sort after Commercial & Industrial estates
The property can be accessed from Reedy Creek Road, which connects to Bermuda Street and the M1 Pacific Motorway
National Tenant investment offering significant upside

Prime Location: Nestled in the vibrant and sought-after suburb of Burleigh Heads, this property enjoys easy access to major transport links. It is located 2.5km from the renowned Burleigh Heads beach and the James Street retail precinct. Easy access to the M1 Motorway, Gold Coast Highway, and Bermuda Street.

Single Tenant: This single-tenanted investment boasts a strong national business, providing a stable and consistent income stream. The property is surrounded by strong local and national businesses like Sydney Tools, Bunnings, National Tiles, Office-works, Supercheap Auto, and many more.

Opportunities like these are rare and highly sought after. Don't miss out on this investment opportunity!
For additional information please contact Ryan Hipwood at Harcourts Coastal Commercial on 0431 522 763 or email r.hipwood@coastal.com.au

*Approximately

Disclaimer:
Harcourts Coastal Commercial has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Beyond Commercial Pty Ltd trading as Harcourts Coastal Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.