Beachside Industrial Investments with Endless Future Upside
3 Avalon Parade & 39 Hillcrest Parade, Miami QLD 4220
Offers to Purchase
IndustrialSize: n/a
Block size: 1626 m² approx.
Colliers are pleased to present to the market for sale individually or in one-line, 3 Avalon Parade & 39 Hillcrest Parade, Miami QLD 4220. Two beachside freehold investments containing endless future upside in one of the Gold Coast's most desirable and flourishing locations, which stands to benefit from both the future G-Link Extension (Light Rail Stage 3) and 2032 Olympics Pizzey Park Master Plan.
Stong future income across two semi-modern freestanding facilities, situated on adjacent rectangular-shaped allotments and comprising two street frontages, makes this a versatile offering to be noticed.
These freehold investments share the following key features:
3 Avalon Parade, Miami
- 814m² of superior industrial land
- 716m²* of net lettable area across office, showroom and warehouse
- Net income of $175,457.82* p.a. + Outgoings + GST (excluding land tax)
- Generous fixed annual increases
- Leased until 2026 with options to 2028
- Future upside potential STCA
- 20.27m* of street frontage
- Ample on-grade parking
39 Hillcrest Parade, Miami
- 812m² of high-profile industrial land
- 828m²* of net lettable area across office and warehouse
- Net income of $149,109.27* p.a. + Outgoings + GST (excluding land tax)
- Future rental uplift
- CPI Increases
- Leased until 2025 with options to 2031
- Potential future upside STCA
- 20.16m²* of street frontage
- On-grade & street parking
For sale via Offers to Purchase.
Please contact Colliers exclusive agents Matthew Adcock or Marlon Crawford for further information.
* All figures are approximate
Stong future income across two semi-modern freestanding facilities, situated on adjacent rectangular-shaped allotments and comprising two street frontages, makes this a versatile offering to be noticed.
These freehold investments share the following key features:
3 Avalon Parade, Miami
- 814m² of superior industrial land
- 716m²* of net lettable area across office, showroom and warehouse
- Net income of $175,457.82* p.a. + Outgoings + GST (excluding land tax)
- Generous fixed annual increases
- Leased until 2026 with options to 2028
- Future upside potential STCA
- 20.27m* of street frontage
- Ample on-grade parking
39 Hillcrest Parade, Miami
- 812m² of high-profile industrial land
- 828m²* of net lettable area across office and warehouse
- Net income of $149,109.27* p.a. + Outgoings + GST (excluding land tax)
- Future rental uplift
- CPI Increases
- Leased until 2025 with options to 2031
- Potential future upside STCA
- 20.16m²* of street frontage
- On-grade & street parking
For sale via Offers to Purchase.
Please contact Colliers exclusive agents Matthew Adcock or Marlon Crawford for further information.
* All figures are approximate
Inspections
No open inspections scheduled.
Send an enquiry
Contact Matthew Adcock to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Industrial
Block Size:
1626 m²*
Other Details
Maps and area information
Block information
Block size: 1626m² (approx)
No block information available
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SummaryMedian sales
Average Age
38 years
Population
7,445
Listing ID: 182409732. This listing has been viewed 0 times. It was first displayed on 28/03/2024 and last updated on 29/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
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