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For Sale

Expressions of Interest closing 14th Mar 2024 Colliers Gold Coast
Colliers and RWC Gold Coast proudly present 385 Southport Nerang Road and 4 Industrial Avenue, Molendinar QLD as a combined land offering for sale via Expressions of Interest Closing March 14th at 4pm (AEST).

The property is arguably one of the Gold Coast's best development sites due to its prominent position bordering the busy Southport Nerang Road and Industrial Avenue, Molendinar. This rare redevelopment opportunity is positioned between the M1 Motorway, Southport CBD, and the coastline. With a combined land area of 2.395ha* and a large existing industrial building on site, this combined offering is ideal for an array of different future uses.

Key features include:
• 23,952m²* of prime industrial land across two titles.
• 3,421m²* freehold industrial building on a separate title, leased short-term to multiple tenants.
• Current net income of $1,181,918.87* per annum + GST + Outgoings
• Projected Net income (if fully leased) of $1,413,618.87* per annum + GST + Outgoings
• Short-term hardstand leases in existence across 17,740²* of land.
• The premises has an operational overhead crane SW.L 25. OT.
• Strong holding income with major rental and development upside.
• Warehouse allows for separate areas for office, storage, and operational areas.
• Dual street access.
• 149.4 meters* of main road frontage.
• Positioned between Smith Street Motorway and the M1 Motorway.
• Minutes to Ashmore City Shopping Centre and Southport CBD.
• Rare significant offering, within a heavily constrained Gold Coast industrial land supply market.
• Will Be Sold, do not miss out!

For further information or a private inspection, please contact the exclusive joint-marketing agents below:

Colliers:
Steven King - 0417 789 599
Marlon Crawford - 0415 480 874

RWC Gold Coast:
Jackson Rameau - 0438 451 112
Michael Willems - 0412 240 176

Disclaimer:
The website may have filtered the property into a price bracket for website functionality purposes. Colliers and Ray White Commercial Gold Coast and have not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Commercial Gold Coast and Colliers toward the recipient with regard to the use of this information and all information given without responsibility.

*Approximately.