Colliers is pleased to present an exceptional opportunity to own a prestigious piece of one of the Gold Coast's most coveted retail precincts. This high-profile offering boasts prime exposure to the Gold Coast Highway, favourable long-term leases with advantageous market reviews, and immediate proximity to Burleigh Beach, James Street, and the future light rail station. Anchored by a recently renewed lease to the iconic tenant of 14 years, Justin Lane, an esteemed food and beverage operator, the building is further complemented by a long-term lease to leading national boutique convenience retailer Quikstop. Key Features: - Brand new 5-year lease to longstanding anchor tenant of 14 years (Justin Lane) - Complimentary 7-year lease to national convenience retailer (Quikstop) - Annual net income of $297,841.82 - WALE of 4.8 years* (as of 1st May 2025) - Conservative rental rates compared to surrounding tenancies - Advantageous mid-term market review - Annual 4% reviews for remaining years - Prime Gold Coast Hwy exposure to 39,000* cars daily - Gross lettable area: 331m²* - Land area: 235m²* - 'Centre' zoning allowing multiple uses^ - Height limit of 20 metres (4 storeys) - Future development upside^ - Proximity to key destinations & future light rail station For sale via Expressions of Interest Closing Wednesday 11th of June 2025 at 4pm (AEST). Please contact exclusive marketing agents Steven King or Matthew Adcock for further information. *All figures approximate ^Subject to Council Approval.
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