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Industrial Investment Unit for Sale at Auction


The freehold interest in an industrial investment unit in the Hallmarc Business Park at Ormeau on the northern Gold Coast is being offered for sale via auction by Ray White Industrial M1 North.

The approximately 252 sqm warehouse/office at 51/28 Burnside Road, Ormeau, is being marketed by Ray White Industrial M1 North Team Leader Lisa Dunne.

Ms Dunne said the current tenant has a lease until December, 2016, with a two year option and the property is returning a nett rental income of approximately $24,000 per annum.

“The property has features including three phase power, glass tilt door, fitted out office space over two levels, amenities and allocated parking in a complex with a total of 235 car parking spaces,” she said.

“The Hallmarc Business Park comprises 54 units ranging in size from approximately 109.3 sqm to 472.50 sqm. Included in the complex is an onsite café.

“The development is zoned for office, industry, and warehouse use under the current town plan.

“The property is strategically located in the Yatala Enterprise Area and is a short distance from the M1 motorway providing access to Brisbane, the Gold Coast and the Logan Motorway.”

The property is to be auctioned at 11am on Thursday, July 28, 2016, at the Gold Coast Turf Club, Bundall.

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