$2,000,000

RBR Commercial Property Consultants Coolangatta, are please to offer 91 Golden Four Drive, Bilinga, providing a fabulous opportunity for a secure investment with a proven national tenant.

The Southern Gold Coast have seen an unprecedented property cycle in many years for living and investment opportunities. On offer is an outstanding opportunity to secure your piece of this current market demand along the popular beachside suburb of Bilinga.

The land has the Australian national car hire tenant of APEX CAR RENTALS and is owned by American based Avis Budget International and have occupied the land for a long standing period.
The lease is a NET lease with 100% of all outgoings the responsibility of tenant who will enter into longer term lease for investor security.

First time offered for sale in over 20 years and situated at 91 Golden Four Drive Bilinga, This prime investment opportunity is parallel to the bustling Gold Coast Highway and offering 1012m2 of development upside as well with current height levels to 7-8 stories setting precedence.

OFFERS OVER - $2,900,000 will be seriously considered as owners instructions are that the property is to be sold asap with consideration of pending AUCTION to gain momentum.


Property Features:

* Land 1012m2
* Medium density residential zoning
* 7-8 stories height limit - STCA
* Multi unit development upside
* Outstanding beachside and booming location
* Strong net commercial lease $138,000 with $20,000 increase net on option to $158,000
* Front and rear boundaries - 20.1 metres
* Side boundaries - 50.6 metres

These signature properties are in prime demand and with the market indicating large amounts of interest in these sites its a prime opportunity to secure with outstanding development upside and holding income.

For a full property report and details please call Craig Parsons - 0433 347 209 or email [email protected]

DISCLAIMER
The information relating to this property has been obtained by a third party source, which is believed to be accurate and reliable. RBR Property Consultants has taken every care to ensure this information is as reliable and accurate as possible, but may be subject to errors and omissions. RBR gives no guarantee that this information is 100% correct and it is recommended that you consult an advisor to verify any information for any properties.