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3 Avalon Parade & 39 Hillcrest Parade
Miami QLD 4220
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3 Avalon Parade & 39 Hillcrest Parade Miami QLD 4220

  • Factory, Warehouse & Industrial
  • 716 - 828 m²
  • For Sale, Offers to Purchase

Beachside Industrial Investments with Endless Future Upside

  • Combined net income of $324,567 p.a.
  • Generous annual increases
  • Multi-year lease renewal options

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

Property Highlights

Floor Area716 - 828 m²
Land Area1,626 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019148465
Category
Last updated  30 Apr 2024
Map for 3 Avalon Parade & 39 Hillcrest Parade Miami QLD 4220

Property Highlights

Floor Area716 - 828 m²
Land Area1,626 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019148465
Category
Last updated  30 Apr 2024
Level 2 Circle On Cavill 3184 Surfers Paradise Boulevard Surfers Paradise QLD 4217

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Property FAQs

The agent has not listed a sale price for 3 Avalon Parade & 39 Hillcrest Parade Miami QLD 4220. Contact the agent for a price guide.
The floor area for 3 Avalon Parade & 39 Hillcrest Parade Miami QLD 4220 is 716 - 828 m².
The land area of 3 Avalon Parade & 39 Hillcrest Parade Miami QLD 4220 is 1,626 m².
There is no on-site parking availability specified for 3 Avalon Parade & 39 Hillcrest Parade Miami QLD 4220. For more information about parking, contact the agent.
3 Avalon Parade & 39 Hillcrest Parade Miami QLD 4220 is currently vacant.
The property highlights for 3 Avalon Parade & 39 Hillcrest Parade Miami QLD 4220 are 'Combined net income of $324,567 p.a.', 'Generous annual increases' and 'Multi-year lease renewal options'.
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