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22 Ereton Drive
Arundel QLD 4214
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Sold on 15 Feb 2018

22 Ereton Drive Arundel QLD 4214

  • Factory, Warehouse & Industrial
  • 1,500 m²
  • Sold, $1,150,000

Freehold Multi Tenanted Investment - Position and Potential

Concrete tilt panel industrial complex, with plenty of potential- this property has the ability to generate a big yield!

*Located just 400m to Harbour Town Outlet Shopping Centre
*8 Separate tenancies with a combined NLA of approx. 1011sqm
* Freehold land parcel of 1500sqm
*Concrete tilt panel construction, fully fenced
*Comprising of stylish office, showroom areas and functional factory space
*Current annual income of $102,544 with potential to $155,795 (When fully rented)

If you've been looking for a rock solid investment property with a high yield, this is the one you've been looking for- With a little bit of effort, you will be able to substantial improve the annual income.

The building was constructed circa 1991 and is in good condition. With a lick of paint and some other simple cosmetic improvements you could ad immediate value.

The property is located in the popular Arundel industrial estate, with close proximity to Harbour Town, Brisbane Road, and national retailers such as Bunnings, Petbarn, Sea Doo, Stratco and ARB to name just a few.

The owners have made a very clear decision and want the property sold immediately!

Contact the exclusive marketing agents, The Adam Young Team for more information or to arrange an inspection today.

RWC (Gold Coast)
RWC (Gold Coast)
Level 2, 50 Cavill Avenue
Surfers Paradise, QLD 4217

Property Highlights

Date Sold15 Feb 2018
Sold Price$1,150,000
Floor AreaAsk Agent
Land Area1,500 m²
ParkingAsk Agent
Property ID2013965335
Category
Last updated  12 Mar 2018
Map for 22 Ereton Drive Arundel QLD 4214

Nearest transport* to 22 Ereton Drive Arundel QLD 4214

Bus
Train
Tram
Ferry
Olsen Ave at Blanford Street242 m
Olsen Ave at Blanford Street275 m
Harbour Town Shopping Centre interchange329 m
Olsen Ave at Allied Drive441 m
This data is © 2023 The State of Queensland, licenced under CC BY 4.0.
*Within a 4km radius
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RWC (Gold Coast)
RWC (Gold Coast)
Level 2, 50 Cavill Avenue
Surfers Paradise, QLD 4217

Property Highlights

Date Sold15 Feb 2018
Sold Price$1,150,000
Floor AreaAsk Agent
Land Area1,500 m²
ParkingAsk Agent
Property ID2013965335
Category
Last updated  12 Mar 2018

Listed by

RWC (Gold Coast)
Call
07 55558600

More about 22 Ereton Drive Arundel QLD 4214

22 Ereton Drive Arundel QLD 4214 is categorized as Factory, Warehouse & Industrial Property. It has a land area of 1,500 m². The listing ID for this property is 2013965335.

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