Burgess Rawson is pleased to present to the market 539 Southport Nerang Road, Molendinar (Gold Coast) QLD for sale via Offers to Purchase.
The property has the following investment highlights:
+ World class complementary tenancy mix to top tier global, ASX-listed, international and convenience tenants including Guzman y Gomez, Zarraffa's, Hope Energy and Queens Arms Bottleshop
+ Ultra-rare opportunity to acquire a brand new multi-tenanted retail centre with an exceptional 10.3 year WALE*
+ Anchored by a 15 year lease to Guzman y Gomez to 2039 plus options to 2059, a 10 year lease to Zarraffa's to 2034 plus options to 2054, and a 10 year lease to Hope Energy to 2034 plus options 2059
+ Brand new 2024 construction, offering maximum depreciation benefits and rare opportunity to purchase below replacement cost
+ State-of-the-art 2,388sqm* NLA purpose-built retail centre including 2 freestanding fast food restaurants with drive-thru facilities, 2 freestanding two-storey retail/medical buildings, freestanding fuel station with six (6) fuel bowers and valuable 57 on-site car spaces
+ Significant 7,292sqm* freehold with 233m* of direct frontage to Southport Nerang Road, a signalised intersection with 40,000+ vehicles passing daily
+ Favourable review structure with a mix of 3% and annual CPI rental reviews ensuring guaranteed rental growth and long-term income security
+ Existing tenants on below market rental rates allowing for rental upside or eventual reposition
+ Prominently positioned within a significant residential growth corridor with 100,000+ residents plus 37,435 motor vehicles within a 5km radius*, ensuring the strong trade of the tenants
+ Strategic location within 3km* of Nerang Fair Shopping Centre, Ashmore Shopping Centre and Benowa Village including national tenants Bunnings, McDonald's, Coles, Supercheap, Chemist Warehouse, 7-Eleven, BP, Ampol and United
+ Gold Coast: one of Australia's fastest growing cities, with a population forecast to exceed 1,000,000 residents by 2050 & $16.6 billion in planned future infrastructure projects
+ Estimated Net Income: $869,864 pa* + GST (as at April 2025)
For Sale via Offers to Purchase.
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
