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Offers to Purchase closing 4pm 29th August 2024

11 McLean Street, Coolangatta, QLD 4225

Beachside Freestanding Freehold Office Building Owner Occupier Opportunity.

For Sale: 11 McLean Street, Coolangatta CBD

Property Overview:
- Address: 11 McLean Street, Coolangatta
- Type: Freestanding Freehold Office Building
- Levels: 2 (Development Appoval for a 3rd level)
- Site Area: 504 sqm
- Building Area: 294 sqm

Property Features:
- Modern Glass facade
- Rooftop terrace with ocean views
- 9 on-site car parks
- Air-conditioned and fitted out for immediate occupation
- Existing Development Approval for an additional level
- Offered with vacant possession

Zoning & Use:
- Zoning: Centre
- Permitted Uses: Office, medical, retail, education, gym, and other commercial uses

Location Highlights:
- Situated in the Coolangatta Central Business and Retail Precinct
- Opposite the Coolangatta Sands Hotel
- 50 metres from Coolangatta Park with views of the Pacific Ocean and Coolangatta Beach
- 100 metres from Kirra Point, a renowned surfing spot
- Development height allowance of 39 metres

Opportunity:
- Ideal for owner-occupiers looking for commercial property ownership
- Potential to add value by completing the approved third level
- Developers can lease for holding income and consider redevelopment
- Repositioning potential for entertainment or residential apartments

Sale Details:
- Method: Offers to Purchase
- Closing Date: Thursday, 29th August at 4 pm (AEST)

For an Information Memorandum, access to the Data Room, or to arrange an on-site inspection, please contact the Exclusive Selling Agents.