SOLD by Jackson Rameau with 12 bidders via Auction

SOLD

104 Ferry Road

Southport QLD 4215

Showrooms/Bulky Goods

FOR SALE

540m2

10+5+5 YR Lease to Low-Risk National Tenant!

Jackson Rameau of RWC Gold Coast proudly presents an outstanding chance to own a valuable freehold investment on one of the Gold Coast's busiest arterial roads. This property comes with a low-risk and well-established national tenant and excellent visibility to over 50,000* passing vehicles each day.

The property is nestled perfectly between the school drop-off zones of The Southport School boys college and St Hilda's girls school. The investment is also surrounded by other well established businesses like Porsche, Bentley, Maserati and Von Bibra, along with popular retail destinations like Brickworks at Ferry Road Markets and Australia Fair Shopping Centre.

Key features of this investment include:
• Current Rent $195,000* p.a + GST + Outgoings
• New 10 year lease until 31.01.2033 with 2 x 5 year options
• 1,140m2* of prime land on a major arterial road
• 540m2* high clearance warehouse + wash bays + vacuum bays
• Used as a car wash and detailing establishment for over two decades
• A-Grade signage and billboard with exposure to over 50,000* passing vehicles per day
• Long term national tenant with 22+ locations nationwide & 28 years in the car wash and detailing industry
• Excellent access, with a signalised intersection 20m* to the north
• Zoned "Mixed use, Fringe business precinct"
• Council approved trade waste water
• Ideal property for long-term future development (STCA)
• Do not miss out on this fantastic opportunity, it will be sold!

Distances to nearby locations are:
• 1 minute drive to Brickworks at Ferry Road Markets, Queen Street Village or Southport Park Shopping Centre
• 2 minutes drive to Southport Central Business District
• 5 minutes drive to Gold Coast Beaches
• 5 minutes drive to Molendinar Industrial Precinct
• 5 minutes drive to Smith Street & M1 Motorway Ramp
• 40 minutes drive to Gold Coast Airport
• 60 minutes drive to Brisbane CBD or Airport

For Sale by Public Auction, to be held in-rooms at 11am Thursday 28 September 2023 at the Gold Coast Turf Cub located at Racecourse Drive, Bundall, QLD.

For further information, please contact the exclusive marketing agent, Jackson Rameau on 0438 451 112 from RWC Gold Coast.