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97 - 99 Brisbane Road
Biggera Waters QLD 4216
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Sold on 23 Sep 2023

97 - 99 Brisbane Road Biggera Waters QLD 4216

  • Offices
  • 1,532 m²
  • Sold

SOLD | Centrelink Biggera Waters (Gold Coast)

  • Leased long term to Centrelink
  • $484,038*pa net income
  • 1,532m² NLA*

Colliers are pleased to present 97-99 Brisbane Road, Biggera Waters for sale. Fully leased to the Commonwealth of Australia on a new lease term extension.

Key property attributes:

- Long term leased to the Commonwealth of Australia (Centrelink & Medicare)
- New 3 year lease extension commenced 1st July 2023 with 3 year option
- $484,038 p.a* net income (after company land tax)
- 1,532m² net lettable area
- 4,365m² land area
- Ample onsite parking for 45 vehicles*
- Prominently positioned within a thriving precinct
- Great exposure to Brisbane Road, within very close proximity of Harbour Town Shopping Centre
- Easily managed, single tenanted premium investment secured by a top tier Government lease covenant
- An important and strategic Centrelink office location that supports the northern central Gold Coast precincts.
- Zoned "Mixed Use, Fringe Business Precinct"
- 5.5 Star NABERS Energy Rating

The Gold Coast currently boasts one of the lowest office vacancy rates in Australia (currently sitting at a record low 6% vacancy). Investors will benefit from strong forecasted future rental growth, as a result of declining vacancy levels and current construction cost restraints limiting new supply.

*Aproximately
~Outlines indicative only.

For more information please contact exclusive agent:

Steven King
0417 789 599

Colliers International - Gold Coast
Colliers International - Gold Coast
Level 2 Circle on Cavill 3184 Surfers Paradise Boulevard
Surfers Paradise, QLD 4217

Property Highlights

Date Sold23 Sep 2023
Floor Area1,532 m²
Land Area4,365 m²
EnergyAsk Agent
ParkingAsk Agent
Property ID2018669511
Category
Last updated  4 Oct 2023
Map for 97 - 99 Brisbane Road Biggera Waters QLD 4216
Colliers International - Gold Coast
Colliers International - Gold Coast
Level 2 Circle on Cavill 3184 Surfers Paradise Boulevard
Surfers Paradise, QLD 4217

Property Highlights

Date Sold23 Sep 2023
Floor Area1,532 m²
Land Area4,365 m²
EnergyAsk Agent
ParkingAsk Agent
Property ID2018669511
Category
Last updated  4 Oct 2023

Listed by

Steven King
Colliers International - Gold Coast
Call
0417789599

More about 97 - 99 Brisbane Road Biggera Waters QLD 4216

97 - 99 Brisbane Road Biggera Waters QLD 4216 is categorized as Office. It has a floor area of 1,532 m². The listing ID for this property is 2018669511.

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