A 6-level commercial building on Bundall Road, has hit the market. 130 Bundall Road, Bundall is just the second major Gold Coast office building to be formally offered for sale in 2021.
Agents Steven King and James Crawford of Colliers Gold Coast have been exclusively appointed by the Western Australian based owner to market the property.
Mr. King said, “The high-profile building has a net lettable floor area of 3,720sqm, 85 car parks and sits on 2,226sqm of land directly opposite the City of Gold Coast’s highly acclaimed HOTA precinct.”
Having been refurbished in 2018, this 1980’s building is leased to various high-quality SME tenants along with an ASX listed group who occupy the top two floors.
Mr. Crawford said “130 Bundall is a rare opportunity to buy in the Gold Coast’s best performing office market for 2021. Tenant demand is strong for Bundall and recent data from the Property Council of Australia shows office vacancy down to just 7%.”
Mr. Crawford also said, “Having recently marketed a similar office asset at 15 Lake Street, Varsity Lakes which is now under contract, we know interest will be strong from local and interstate private investors and property funds.”
The property is being sold via an ‘Offers to Purchase’ campaign which closes on Wednesday the 11th of August.
For further information, please contact Steven King or James Crawford.