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1168-1170 Gold Coast Highway, PALM BEACH, QLD 4221
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Property Highlights

FREEHOLD COMMERCIAL OPPORTUNITY WITH DEVELOPMENT UPSIDE

Michael Willems of Ray White Commercial Gold Coast, as the exclusive agent, is pleased to present a landmark Palm Beach property at 1170 Gold Coast Highway, Palm Beach.

This property represents a fantastic opportunity to purchase a quality asset in the heart of Palm Beach's burgeoning retail / entertainment precinct. With approximately 20m* direct frontage to the Gold Coast Highway, this well exposed commercial property is fully leased to 4 tenants and generates an annual net holding income of approximately $120,033.30* + GST + Outgoings.

This asset has the following key investment features:

• A fully leased commercial investment strategically positioned in the heart of Palm Beach's burgeoning retail / entertainment precinct

• High profile Gold Coast Highway frontage with exposure to thousands of cars daily

• Land area: 824m²* - a rare find in this tightly held precinct

• Net Holding Income $120,033.30* p.a + GST + Outgoings

• Ample onsite parking plus additional street parking

• Fantastic development upside^

• Don't miss this rare and outstanding opportunity!

Auction: Thursday 18th August at 11am

Gold Coast Turf Club, Bundall

*Approximately

^Subject to council approval

For more information or a private inspection, please contact the exclusive marketing agent Michael Willems on 0412 240 176.

Disclaimer:

Ray White has 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 Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Remember to mention you found this property on DevelopmentReady

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