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Bundall, Gold Coast

CENTRALLY LOCATED MIXED USE INVESTMENT OPPORTUNITY

This property has 1841 m2 with 5 commercial lots plus 26 car spaces. This multi-tenanted freehold investment opportunity comprises of office, industrial and showroom with six tenancies in total. 10 Strathaird Road is located in Bundall which is one of the Gold Coast’s remium locations for commercial property. This tightly held suburb has all the major national tenants and local businesses. This property has huge potential to stratatitle and re-develop (STCA)


Transaction summary

Purchase Price
$2,225,000.00
Starting Net Rental Return
$122,375.00
Projected Net Income
$109,500.00
New Value
$3,268,000.00
Purchase Cap Rate
5.50%
Total Area
1841 m²
Floor Area
1158 m²
Car Spaces
26
Location
10 Strathaird Rd, Bundall QLD 4217, Australia
Type
Warehouse, Factory & Industrial

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