509 Olsen Avenue Southport QLD 4215

Colliers is pleased to present 509 Olsen Avenue, Southport, a strategically positioned industrial /commercial holding fronting one of the Gold Coast's busiest main thoroughfares.

Home to Gold Coast business icon Goldsteins, and utilised as their head office, factory outlet and distribution centre for the past 26+ years, this underdeveloped substantial and irreplaceable 5,537m² land holding has always been surplus to Goldsteins needs and their intention now is to relocate to a modern, more efficient premises post sale, with a short term lease back arrangement being required whilst an alternate location is finalised.

Ideally located within close proximity of key transport infrastructure and the M1 Motorway via Smith Street, this location is recognised as the Gold Coast's key Central Business District.

Offering exceptional re-development upside potential, recent developments of smaller warehouses in the area have experienced unprecedented demand from buyers. With extremely limited industrial land in existence, particularly within highly sought, easily accessible locations, this is an opportunity unlikely to be emulated again.

Property highlights include:

- 5,537m² Freehold land area*
- 48m frontage to Olsen Avenue- Major arterial road
- Building area 1,277m² (968m²* Factory area, 138m²* office area, 171m²* Loading bay)
- Zoned Low Impact industry
- High exposure location - 45,000* vehicles passing per day
- One of the last remaining developable sites on Olsen Avenue
- Within close proximity of M1 and Smith Street Motorway, Southport CBD and significant local amenities, including Griffith University, the Gold Coast University Hospital and all major Gold Coast infrastructure
- Less than 3km from $5b Gold Coast Health and Knowledge Precinct
- Amongst major draw card tenants including- Bunnings, Aldi, Spotlight and Ashmore City Shopping Centre
- Within one of the most tightly held industrial precincts of the Gold Coast

509 Olsen Avenue, Southport, is for sale by Auction (In Rooms - Colliers Gold Coast Office) Wednesday 23rd November 2022 at 11am (AEST).

Auction Location:
Colliers Gold Coast
Level 2, 3184 Surfers Paradise Boulevard
Surfers Paradise QLD 4217

For further information please contact exclusive agent: Steven King +61 417 789 599

*Approx.