SOLD

Phone enquiry code for this property : 9228

This property is 1206sq.m on the high side of Olsen Avenue, with 36.0m frontage.
The existing property is a 350sq.m building with 270sq.m nett Lettable Area, and includes a 12.15kw solar system facing due north, providing discounted power to the owner.

This property is located directly between Harbour Town and the new Gold Coast Hospital Precinct, with small medical related premises developing along Olsen Avenue.
122 Olsen Avenue holds the distinct advantage of being zoned Medical Centre which permits multiple medical practitioners to operate within the one property, and provides multiple options for future development.

Standing high above Olsen Avenue, the grades permit redevelopment incorporating one or two basement carparking levels directly off the main road without space lost to ramps within the property - very handy considering the high parking requirements by Council for Medical practices.
Indicative designs for redevelopment are available on request.

In the meantime, this property has enjoyed a 15% per annum capital growth since 2002, including the devastating GFC! A stunning tribute to the strength of the precinct as it converts to a fully medical region.
Currently the property provides 19 x onside parking spaces and street advertising via a blade tower and building signage.

Phone enquiry code for this property : 9228