• NLA – 1932sqm over 5 Levels plus basement parking.
• 96% leased with only 110sqm vacant.
• Gross income = $820,923.74pa + GST.
• Annual outgoings = $225,188.73 (2023-2024 actual).
• High Profile CBD position.
• 80m to Australia Fair Shopping Centre.
• Positioned across the road from a Gold Coast Light Rail Station and major bus interchange.
• Recent capital expenditure included new lift, new air conditioning, electrical wiring, new retail shop fronts, new roof, LED lighting in all tenancies and common areas, new double-glazed windows on all levels to reduce noise and heat, installed disabled bathrooms and ambulant bathrooms, replaced fire panel/alarms/sensors and PA plus security cameras on every floor.
• There is absolutely nothing to do - all the works in upgrading the building has been completed.
• 0.0 Star Nabers Energy Rating.
• Potential to uplift the income.
Contact exclusive agent Doug Garvie for an IM and further details
