Jackson Rameau and Michael Willems from RWC Gold Coast proudly present this exceptional freehold investment opportunity at 50 Kingston Drive, Helensvale QLD. This property boasts a secure long-term lease to national tenant 'Drive Group', with an attractive net structure and strong 3.5% annual increases. It is strategically positioned within the Helensvale industrial precinct with direct M1 access (north and south) and is just 9.6km* north-west of the Southport CBD.
KEY FEATURES INCLUDE:
• Net Income: $503,475.75* p.a. + GST + Outgoings (as of March 2025)
• Fully leased until 2030 with 1 x 3 year option
• Strong income growth with 3.5% annual reviews
• Open market review at option allowing a purchaser to capitalise on potential future rent reversion
• National tenant with 19 sites across Australia
• Land area: 4,050m2* fronting major M1 motorway
• Building area: 2,388m2* comprising 2,153m2* warehouse space and dual mezzanine office spaces of 182m2* and 53m2*
• Large hardstand area and exclusive car parking (quality maneuverability) zoned low-impact industry
• Quality tilt panel high-clearance warehouse with modern dual-level office
• Optic fibre connection, 4 roller shutters, 18.4kW solar panel system, key tag security system
• 31 x available car parks (space for 41 if reconfigured)
• Surrounded by national businesses including Bunnings Trade Centre, StarTrack, Tradezone, Border Express, Isuzu & Volkswagon, Alder Developments & Ringers Western
• Positioned with direct access to the M1 Motorway, just 2km* from the Helensvale major retail precinct, Helensvale'slight and heavy rail stations, and 9.6km* from the Southport CBD
For sale via Public Auction to be held at 11:00am Thursday 5th December 2024 at the Gold Coast Turf Club, Racecourse Drive, Bundall, QLD. For more information or to arrange a private inspection, please contact the exclusive marketing agents Jackson Rameau on 0438 451 112 or Michael Willems on 0412 240 176.
Disclaimer: The website may have filtered the property into a price bracket for website functionality purposes. RWC Gold Coast 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 RWC Gold Coast divisions toward the recipient with regard to the use of this information and all information given is given without responsibility. *Approximately