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3168 Surfers Paradise Blvd
Surfers Paradise QLD 4217
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Sold on 4 Aug 2023

3168 Surfers Paradise Blvd Surfers Paradise QLD 4217

  • Shop & Retail
  • 1,004 m²
  • Sold

FOR SALE | Westpac Bank Surfers Paradise

  • Leased to Westpac Bank (ASX:WBC)
  • 15 year lease to 2026 + options to 2036
  • Net Annual Rent: $1,627,054pa*

Cushman & Wakefield National Investment Sales are pleased to present the Westpac Bank in Surfers Paradise to the market for sale.

Located at the intersection of Cavill Avenue and Surfers Paradise Boulevard and within metres from both the Surfers Paradise Light Rail Station and Surfers Paradise Beach, this asset is located on one of the highest profile retail corners in Australia with over 20,000 people visiting the area daily.

Westpac Bank (ASX:WBC) have occupied the site since 2012 and operate their flagship Gold Coast branch and their 'Australian Technology Hub' from the site.

Westpac Surfers Paradise is for sale via expressions of interest closing at 4pm AEST on Wednesday the 19th of April 2023.

The property offers the following features:

- Leased to Westpac Bank (ASX:WBC)
- Fifteen-year lease to 2026 and options to 2036
- 1,004m² Net Lettable Area over two levels
- 5.0% annual rental increases
- High Profile Corner Location
- 804m² site
- Unrestricted Height Limit and Residential Density
- Only a short walk to the Surfers Paradise light rail station and the Surfers Paradise beach
- Gold Coast Population is 732,000*

Net Annual Rent: $1,627,054pa*

For further information or to arrange an inspection please contact Daniel Cullinane, Jonathan O'Brien, Pat Birchley or Kyle Youngson of Cushman & Wakefield National Investment Sales.

*Approximate

Cushman & Wakefield Brisbane
Cushman & Wakefield Brisbane
Level 11/123 Eagle Street
Brisbane City, QLD 4000

Property Highlights

Date Sold4 Aug 2023
Floor Area1,004 m²
Land AreaAsk Agent
EnergyAsk Agent
ParkingOn site parking available
Building TypeWhole building
Property ID2018435166
Category
Last updated  16 Oct 2023
Map for 3168 Surfers Paradise Blvd Surfers Paradise QLD 4217
Cushman & Wakefield Brisbane
Cushman & Wakefield Brisbane
Level 11/123 Eagle Street
Brisbane City, QLD 4000

Property Highlights

Date Sold4 Aug 2023
Floor Area1,004 m²
Land AreaAsk Agent
EnergyAsk Agent
ParkingOn site parking available
Building TypeWhole building
Property ID2018435166
Category
Last updated  16 Oct 2023

Co-Agents

Daniel  Cullinane
Cushman & Wakefield Brisbane
Call
0431 278 806
Jonathan O'Brien
Jonathan O'Brien
Cushman & Wakefield Brisbane
Call
0439 034 047
Patrick Birchley
Cushman & Wakefield Brisbane
Call
0411 262 267
Kyle Youngson
Cushman & Wakefield Gold Coast
Call
0403 749 476

More about 3168 Surfers Paradise Blvd Surfers Paradise QLD 4217

3168 Surfers Paradise Blvd Surfers Paradise QLD 4217 is categorized as Shop & Retail Property. It has a floor area of 1,004 m². The listing ID for this property is 2018435166.

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