20 & 22 Bailey Crescent, Southport, QLD 4215

Industrial | Development/Land

Sold

  • Property ID: 439909
  • Floor Area: 1810m²
  • Land Area: 4192m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 22/12/2023 1810m2 4192m2 Contact Agent
SOLD by Jackson Rameau within 24 hours

Jackson Rameau from RWC Gold Coast is proud to present to the market 20 & 22 Bailey Crescent, Southport QLD to be sold in-one-line or separately on or before Auction. This unique double block is 4,192m2 large and presents a rare chance for future investors, occupants, or developers to acquire a trophy site in the heart of Southport's premier industrial estate.

20 Bailey Crescent Southport QLD has the following key features:
• 2,096* of prime land
• 1,090m2* of net lettable area
• Current net income of $143,875.05* p.a. + GST + Outgoings
• Strong potential for re-development, rental uplift, and future location growth
• Zoned 'Low impact industry'

22 Bailey Crescent Southport QLD has the following key features:
• 2,096* of prime land
• 720m2* of net lettable area
• Current net income of $121,179.65* p.a. + GST + Outgoings
• Strong potential for re-development, rental uplift, and future location growth
• Zoned 'Low impact industry'

The properties will be for sale via public auction at 'The Event' on Sunday, 28th of January, 2024 at 10am, held in-rooms at RACV Royal Pines Resort, Benowa QLD. To confirm, lots 20 & 22 Bailey Crescent, Southport, QLD will first be offered up for sale at Auction as a combined purchase, if the reserve is not met the assets will be sold-off individually at auction shortly afterwards.

For more information or to arrange a private inspection, please contact the exclusive 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

Southport Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $8559 $387 4.53%
Offices $6349 $344 5.41%
Industrial $5051 $203 4.02%
This is the average advertised price, rent and yield for Southport, QLD 4215*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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