Josh Cameron and Jackson Rameau of RWC Gold Coast are pleased to present 24 Fremantle Street, Burleigh Heads QLD - rare industrial opportunity that offers exceptional versatility. Whether you're looking to fully occupy the space or lease to a reputable national tenant, this property provides a unique chance to secure strong and reliable income. Approved for food grade production with a high grade fit-out, it attracts high-caliber tenants, enhancing its investment appeal. With flexible options for occupancy or investment, this opportunity is not to be missed by savvy buyers seeking both value and significant location potential.
The property is available for inspection every Monday and Wednesday, from 11:30 AM to 12:00 PM, leading up to the auction.
KEY FEATURES INCLUDE:
• Land Area: 1,795m2*
• Gross Lettable Area: 1,538m2*
• Tenancy 1: 314m2* ground floor + 217m2* first level
• Tenancy 2: 601m2* ground floor + 406m2* first level
• Available to fully occupy, partially occupy (tenancy 1) or have fully leased!
• Projected Net Income: $306,200* p.a + GST + Outgoings
• Current Passing Net Income: $244,282.80* p.a + GST + Outgoings
• Long standing tenant 'Aruma' (NDIS national business) willing to enter into brand-new 3 x 3-year lease returning $200,000* p.a + GST + Outgoings (tenancy 2)
• The unique mix of work areas within this space opens potential for specialised pharmaceutical, food/product processing, assembly and storage
• Currently approved for food preparation/use
• High clearance warehouse
• Multiple high-grade sterile rooms
• Cold room panelling throughout (Tenancy 1)
• Multiple high-grade sterile rooms for assembly/packaging (Tenancy 2)
• Reception area, lunch room, and amenities
• 16 on-site car parks
• Zoned low impact industry
• Building constructed in 2000
• Located in a highly desirable and busy catchment area benefiting from excellent access to Bermuda Street, the M1 Pacific Motorway and Reedy Creek Road
• Willing to entertain cash offers prior to auction!
• Our owners are absolutely serious about securing a sale!
• Do not miss this golden opportunity!
(*approximate)
Offered for sale via Public Auction to be held 11am Thursday 26th September 2024 at the Gold Coast Turf Club, Racecourse Drive, Bundall QLD. For more information or a private inspection, please contact the exclusive marketing agents Josh Cameron on 0497 885 939 or Jackson Rameau on 0438 451 112.
Disclaimer:
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. This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.