BTW

Investment gem under the hammer in Burleigh Heads

Two adjacent units with a long-term tenant will be sold at auction at Burleigh Heads.

The announcement:

Astute investors have a fantastic opportunity to purchase two units secured by one long-term tenant as 1&2/64 Township Drive in Burleigh Heads goes under the hammer.

With a total combined 469sq m* area, unit one comes with a 279sq m* floor space and a 166sq m* mezzanine, and unit two offers a 190sq m* floor space.

The asset is being marketed and sold at auction by Ray White Industrial Gold Coast Sales and Leasing Consultants Lisa Dunne and Travis Rayner.

“Assets like this don’t come along very often and with a long-term tenant, Delphi Measurement Pty Ltd in place, investors will appreciate this property is one not to be missed,” Ms Dunne said.

“The Gold Coast and the Sunshine State collectively have been a hive of activity since the beginning of the COVID-19 pandemic, and with investment flowing in from across the borders, we’re expecting interest from both Queensland buyers and parties from interstate.

“Burleigh Heads itself is a pivotal regional centre just 14 km* by road west of Surfers Paradise and 90 km* by road south of the Brisbane CBD, with the industrial precinct being an important gateway function for visitors and residents.”

The auction will take place at the Gold Coast Turf Club on Thursday 20 May at 11:00 (AEST).

*Approximately.

Source: Ray White press release

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