SOLD
Sold on 15 Dec 2023 for $2,820,000

10 Classic Way
Burleigh Waters QLD 4220

Bedrooms: -
Bathrooms: -
Car spaces: 16
Land area: 1010m2
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Property Details for 10 Classic Way, Burleigh Waters

Building Type
Commercial
Land Size
1010m2
Local Government
Gold Coast City
Lot/Plan
3/SP117538

Last Listing description (January 2024)

Presented by Lacey West Commercial, 10 Classic Way is an opportunity in a pocket where freestanding properties do not come available often.
Invest with confidence in this property, currently leased by local fitness institution - Globe Gym with 19 years of successful operation.

Property Details:

- Land Size: 1,010m2
- Building Area: 467m2 (Ground Floor)
- Net Rental of $155,000p.a + GST*
- New 5 + 5-year lease
- 16 onsite parking spaces
- Future possibility of strata titling the space into multiple tenancies, enhancing rental potential and diversifying your investment. (STCA)

Location Highlights
- Positioned in a thriving area, with Treetops shopping centre just across the road, this property benefits from high visibility and accessibility, ensuring sustained foot traffic.
- Centre Zoning adds value and flexibility to the property, making it suitable for a variety of businesses and potential future developments.
- Enjoy the convenience of being just steps away from local Treetops Shopping Centre, providing a steady stream of potential customers and clients.
- Easy Access to Transport: The property's strategic location ensures quick access to major transportation routes, facilitating seamless connectivity for your business.
- Surrounded by Amenities, from cafes to essential services, everything your business needs is within reach, creating a vibrant and accessible work environment.

With a solid tenant, strong lease terms, and future potential, this property represents a smart and secure investment in the dynamic Burleigh commercial landscape.

Auction is to be held onsite on Friday 15th December at 12pm (midday), please contact Lacey West Commercial for full property details and to inspect.

Disclaimer:
Lacey West Commercial makes 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, advice or as is otherwise necessary. No duty of care is assumed by JBJC Property Pty Ltd trading as Lacey West Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property History for 10 Classic Way, Burleigh Waters, QLD 4220

A timeline of how this property has performed in the market
Last Sold
$2,820,000
15 Dec 2023
  • 15 Dec 2023
    Sold for $2,820,000
  • 15 Nov 2023
    Listed for Sale Auction
  • 11 Oct 2015
    Listed for Sale Not Disclosed
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About Burleigh Waters 4220

The size of Burleigh Waters is approximately 6.7 square kilometres. It has 21 parks covering nearly 5.9% of total area. The population of Burleigh Waters in 2011 was 13,868 people. By 2016 the population was 14,311 showing a population growth of 3.2% in the area during that time. The predominant age group in Burleigh Waters is 40-49 years. Households in Burleigh Waters are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burleigh Waters work in a professional occupation. In 2011, 72.8% of the homes in Burleigh Waters were owner-occupied compared with 73.7% in 2016.

Burleigh Waters has 6,453 properties. Over the last 5 years, Houses in Burleigh Waters have seen a 114.90% increase in median value, while Units have seen a 120.02% increase. As at 30 September 2024:

  • The median value for Houses in Burleigh Waters is $1,709,759 while the median value for Units is $900,283.
  • Houses have a median rent of $1,000 while Units have a median rent of $775.
There are currently 65 properties listed for sale, and 9 properties listed for rent in Burleigh waters on OnTheHouse. According to CoreLogic's data, 301 properties were sold in the past 12 months in Burleigh waters.

Suburb Insights for Burleigh Waters 4220

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Contact agent
James Borbidge
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Tony West
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LACEY WEST
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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.