• For Sale
  • Office
78% Secured by QLD State Government Tenant, Circa 7.75% Net Return
78% Secured by QLD State Government Tenant, Circa 7.75% Net Return
78% Secured by QLD State Government Tenant, Circa 7.75% Net Return
78% Secured by QLD State Government Tenant, Circa 7.75% Net Return
78% Secured by QLD State Government Tenant, Circa 7.75% Net Return
78% Secured by QLD State Government Tenant, Circa 7.75% Net Return
78% Secured by QLD State Government Tenant, Circa 7.75% Net Return
78% Secured by QLD State Government Tenant, Circa 7.75% Net Return

For Sale

Offers
Colliers International and Knight Frank have the pleasure in offering for sale in one line
the entire top-level office space (Lot 701), ground floor cafe and signage rights (Lot
301), and 47 car parks within Eastside, located at 232 Robina Town Centre Drive,
Robina QLD 4226.

This high yielding investment offering is underpinned by a secure long-term lease to
the Queensland State Government (1,203 sqm* NLA) and represents a secure passive
investment with additional income streams generated from an education provider
(245 sqm* NLA), café (53 sqm* NLA) and signage rights.

Investment highlights include:

• High yielding investment return
• $705,000 per annum* combined total net income
• WALE 3.48 years* (by income)
• Majority of income underpinned by State of Queensland - Department of Housing
and Public Works
• The Queensland State Government has occupied the space since 1 January 2008
and have entered into a new lease for a further four years until December 2023
• Additional income from an education provider with a long-term track record, plus a
ground level café
• 47 car parks
• Entire top floor of the fully occupied Eastside building
• Basement storage and signage rights, also included as part of the sale
• Strategically located investment within a short walk of the Robina Town Centre,
Robina Train Station, Robina Medical Precinct, Education Facilities and Cbus Super
Stadium

With a shortage of investment grade stock available within Gold Coast City, this is
an exceptional opportunity to secure a quality Government-backed investment in a
premium location.

For Sale by Offers To Purchase.

Property Details