Knight Frank Gold Coast are excited to present this rare opportunity to own a freehold property on the exclusive Chevron Island. These properties are tightly held with very few sales in the last few years. Chevron Island is arguably one of the most sought after commercial real estate pockets on the Gold Coast. This offering is fully leased over two levels with the renowned Japanese restaurant on the ground floor Wagyu-Ya on Chevron. With a total of four tenants over two floors with huge rental upside. The freehold property has development upside with the potential to increase the NLA at the rear of the property or full redevelopment (STCA). This property is zoned neighbourhood Centre with unlimited building height - Total NLA: 235.40m2 - Land area: 420m2 - Zoned Neighbourhood Centre - HX building height limit (No height limit) - Huge rental upside with existing tenants and ability to increase NLA (STCA) to increase income. - Ample tenant and customer parking at the rear of the property. With five exclusive car spaces. - Further council carpark adjacent to the rear of the property ideal for customers or parallel & street parking at the front. - Dual access from both the front and rear of the property. - Toilet facilities upstairs & downstairs for tenants. - Tenants include Wagyu-ya On Chevron, Blosson Lawyers, Moneypenny Bookkeeping and Heybrow Eyebrow Artisan. - Please contact exclusive agent to arrange an inspection. This property will be SOLD at Public Auction onsite at 10am on Friday 27th September 2024 IF NOT SOLD PRIOR. Gold Coast City Commercial Pty Ltd T/A Knight Frank Gold Coast 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, advice or as is otherwise necessary. No duty of care is assumed by City Commercial Gold Coast Pty Ltd T/A Knight Frank Gold Coast toward the recipient regarding the use of this information and all information given is given without responsibility.
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