Colliers on behalf of Robert Hutson and David Johnstone of KordaMentha as agents for the Mortgagee, present an exceptional opportunity to acquire a recently completed, multi-tenanted Fuel & Fast-Food Retail Convenience Centre with 137m* of direct frontage to Southport Nerang Road, Molendinar. Strategically positioned on a busy main arterial road within a significant residential growth corridor, this centre offers investors a rare chance to secure a high-quality, long WALE asset within one of Australia's fastest-growing cities. The centre features a high-quality complementary tenancy mix, including top-tier global, ASX-listed and national tenants such as Guzman y Gomez, Zarraffa’s, Hope Energy, and Queens Arms Bottleshop. Investment Highlights: • Estimated Net Income: $668,159 pa* (as at February 2025) • Top-tier Tenants: Guzman y Gomez, Zarraffa’s, Hope Energy & Queens Arms Bottleshop • New Construction: Completed in 2024, offering potential for depreciation benefit • 9.6-year WALE: 8 tenants, anchored by a 15-year lease to Guzman y Gomez, a 10-year lease to Zarraffa’s, and a 10-year lease to Hope Energy • Significant Freehold Site: 7,292m²* with frontage on Southport Nerang Road, a signalised intersection with approximately 40,000+ vehicles passing daily • Purpose-Built Convenience Centre: 1,365m²* GLA including fast food restaurants with drive-thru facilities, retail, health & wellness buildings and a service station • On-site Parking: 57 on-site car spaces • Strategic Position: Within 2km of the M1 Motorway and 5km of the Gold Coast CBD • High Traffic Area: 100,000+ residents, 37,435 vehicles within a 5km radius • Growing Population: Gold Coast population forecast to exceed 940,000 residents by 2041, with $18 billion in planned infrastructure projects For Sale via Expression of Interest (EOI) closing Wednesday 19th March 2025 at 4pm (AEST). For more information, please contact the exclusive marketing agent Steven King 0417 789 599. *Approximately ^Outlines indicative only
Richiesta email a Colliers - Gold Coast
Immobiliare ID: 504793508