Ashmore unit must sell within 30 days

May 04, 2012 | Industrial | Commercial

A strata unit with great exposure to a main road at Ashmore has been urgently placed on the market and must be sold within 30 days.  

Spanning 107sq m, the front strata unit at 185 Currumburra Road has been owned and operated by Aquariums Paradise Pty Ltd for a number of years but must now be sold due to the liquidation of the business.

Josh Wright of Colliers International, the exclusive agent for the property, said the property owner has directed that it must be sold within 30 days.  

“It is not a question of whether they choose to sell it or not, it is a necessity due to their financial situation,” he said.

Mr Wright said the price range for the Ashmore unit was between $200,000 and $300,000; an affordable price in the reach of many different types of buyers.  

“This makes the property accessible to owner-occupiers who can pay cash or purchase through their superannuation fund,” he said.

“It would also be a good buy for investors because the affordable sale price could result in a very attractive yield.  

“There is no doubt that it’s a great opportunity for any type of buyer – it is not often that a vendor says ‘no matter what, it must be sold within 30 days’.”

With a rush on the sale, the offers to purchase campaign for the property will close on May 30, unless it is sold prior to this date.  

Mr Wright, a leading industrial specialist on the Gold Coast, said there had been a spike in buyer enquiry for industrial property in the region this week.

“I received six new buyer enquiries on Monday, in addition to seven new leasing enquiries,” he said.  

“This could be attributed to an immediate uplift in confidence on the Gold Coast following the election of a new City Council, or simply just a realisation from businesses and investors that we are bouncing along the bottom of the property cycle.

“The majority of interest – and resulting transactions - I’m receiving for industrial property are for properties that offer good exposure such as this unit.”

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