High Profile Office Building - Quality Freehold Investment

128 Bundall Road, Bundall, Queensland 4217

Office For Sale

For Sale
Land Area: 1,669.00 m2.    Floor Area: 2,894.00 m2.    

Car Spaces: 66   

Description

Prominently positioned within a bustling commercial precinct fronting Bundall Road, this high profile entire office building investment will be sold well below replacement value.

The building features:

- 6-storey Freehold Office Investment with 86%* occupancy
- Net passing income of $632,773 p.a. ($775,198 p.a.* if fully leased)
- Net lettable area: 2,894sqm*
- Site area: 1,669sqm *
- 66 carparks (44 basement, 22 podium level)
- Tenants include: Wahlstrom Financial Services, Walker Group, Nautilus Law Group and others
- Strong diversified income from 15 tenancies
- 5-star NABERS Energy rating
- Positioned opposite Gold Coast City Council Parklands and the new Cultural precinct
- Exceptional exposure to Bundall Road and within close proximity of Surfers Paradise and Southport

For more information contact Colliers International’s Steven King 0417 789 599 or James Crawford 0423 601 063.

*approximately
**please note outlines are indicative only

Features

  • $775,198 p.a. Projected Net Income*
  • 86% Occupancy*
  • 2,894sqm Net Lettable Area*

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