Colliers International Gold Coast, Commercial Real Estate
51 Upton Street, Bundall QLD 4217
Anchored by Hayman’s Electrical on a 21-year lease - including options, this outstanding brand new freehold property is a long term passive investment opportunity secured by a high-quality ASX listed tenant.
Recently completed offering depreciation benefit potential, the Initial lease term commenced 29/07/2019 and current Net income $300,000 p.a.* plus GST. Located within Gold Coast's best showroom/bulky-goods precinct- the building offers a total internal lettable area of 1,124sqm* and is placed on 1,973sqm* of land.