LAND-RICH CORNER COLLECTIVE-STYLE SITE | 100% Leased with Strong Development Upside
Jackson Rameau from Ray White Commercial Pacific Group is pleased to present 22 Mountain View Avenue, Miami to the market for the first time in 25+ years.
This is a rare opportunity for investors and developers to secure a fully leased industrial complex on a substantial landholding in one of the Gold Coast's most tightly held precincts within walking distance to Burleigh Beach and on the doorstep of the Gold Coast Light Rail.
Key features include:
Net income: $214,264* p.a. + GST + 100% of usual outgoings recoverable
Fully leased to 4 x established local tenants (all with retail & warehousing access in units)
1,755m2* prominent corner land parcel
762m2* total building area comprising 4 x tenancies
Major future development uplift with corner-dual-access potential to site in high-demand area
Strong income growth with uncapped reviews up to >CPI or 5%
Projected net income of $266,700 p.a. + GST + outgoings (adopting $350 per m2 net).
All units are equipped with retail frontage and rear industrial warehousing roller doors
Busy commercial precinct surrounding the Miami One Shopping Centre, Brewery District & Cafe-eatery precinct.
Zoned Low impact industry with potential increased density amendments to the City Plan to support the Light
Rail (STCA^) therefore potential for retail below & residential above
200m* walk to the future Christine Avenue G:link Light Rail station & Miami-One Shopping Centre
500m* walk to Burleigh Beach just off the Gold Coast Highway
First time offered for sale to the market in over 25+ years. Long-term family selling.
Owning family serious about selling.
Will be sold, act fast or miss out. Call agent today.
For Sale by Expressions of Interest Closing, Wednesday July 8th 4:00pm AEST.
For further information or to arrange a private inspection, please contact the exclusive marketing agent Jackson Rameau on 0438 451 112.
The website may have filtered the property into a price bracket for website functionality purposes. RWC Pacific Group 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 or as is otherwise necessary. No duty of care is assumed by JR Commercial Pty Ltd trading as RWC Pacific Group divisions toward the recipient with regard to the use of this information and all information given is given without responsibility. *Approximately
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