OFF MARKET

5-11 Woodroffe Avenue
Main Beach QLD 4217

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 209m2
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Last updated 11 Nov 2024
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Property Details for 5-11 Woodroffe Ave, Main Beach

Building Type
Commercial
Floor Size
209m2
Local Government
Gold Coast City
Lot/Plan
41/SP136964

Last Listing description (November 2023)

Jackson Rameau of RWC Gold Coast proudly presents an outstanding opportunity to own a prime retail investment underpinned by two internationally recognised tenants such as 7-Eleven convenience store and Subway fast food. The investment is located in the very heart of Main Beach which is one of the Gold Coast's busiest beachside suburbs!

Key features of this rare beachside investment include:
• Brand new 5 year leases with 2 x 5 year options to 7-Eleven and Subway

• Both tenancies in place since 2009 (14 years in the same location)
• Net return of $163,982.42* p.a + GST + Outgoings
• Fixed 4% increases providing strong income growth
• 7-Eleven NLA (105m2* internal + 18m2* external)
• Subway NLA (47m2* internal + 39m2* external)
• Affluent suburb with $1,240,000 median apartment price
• 2 x car parks plus a loading zone immediately in front of the tenancies
• Directly opposite Main Beach beachfront and patrolled Gold Coast surf beaches
• Unrivalled position to service customers passing through or residing in Main Beach or Surfers Paradise
• Main Beach is set to undergo $1.5 billion* worth of development over the next decade unlocking both major customer growth for tenants and potential for future capital growth.
• This property absolutely must be sold! Contact the agent to make an offer today!

Location:
- Directly opposite Main Beach and the Gold Coast Beaches
- 1 minute to Surfers Paradise
- 1 minute to the Spit and Gold Coast Seaway
- 5 minutes to Smith Street Motorway & M1 on-ramp
- 5 minutes to The Southport School Private Boys College(TSS)
- 5 minutes to Southport State High School
- 30 minutes to Gold Coast Hinterland
- Fantastic exposure to thousands of cars passing daily*

For Sale by Public Auction, to be held 11am Thursday 16 November 2023 at the Gold Coast Turf Club, Racecourse Drive, Bundall, QLD. For further information or a private inspection, please contact the exclusive RWC Gold Coast marketing agent Jackson Rameau on 0438 451 112.

Disclaimer:
The website may have filtered the property into a price bracket for website functionality purposes. Ray White 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 Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility. *Approximately

Property History for 5-11 Woodroffe Ave, Main Beach, QLD 4217

A timeline of how this property has performed in the market
Last Sold
16 Nov 2023
Listed for Rent
$826/w
13 May 2024
  • 26 Jul 2017
    Listed for Sale $720,000
  • 22 May 2017
    Listed for Rent $550 / week
  • 17 Aug 2016
    Listed for Sale Offers above $540,000
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About Main Beach 4217

The size of Main Beach is approximately 3.1 square kilometres. It has 5 parks covering nearly 46.3% of total area. The population of Main Beach in 2011 was 3,495 people. By 2016 the population was 3,864 showing a population growth of 10.6% in the area during that time. The predominant age group in Main Beach is 60-69 years. Households in Main Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Main Beach work in a professional occupation. In 2011, 53.7% of the homes in Main Beach were owner-occupied compared with 55.1% in 2016.

Main Beach has 3,805 properties. Over the last 5 years, Houses in Main Beach have seen a 123.79% increase in median value, while Units have seen a 97.25% increase. As at 31 October 2024:

  • The median value for Houses in Main Beach is $3,192,505 while the median value for Units is $1,467,314.
  • Houses have a median rent of $950 while Units have a median rent of $850.
There are currently 79 properties listed for sale, and 14 properties listed for rent in Main beach on OnTheHouse. According to CoreLogic's data, 169 properties were sold in the past 12 months in Main beach.

Suburb Insights for Main Beach 4217

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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.