Southport

Project Description

The property is located within the established residential and industrial suburb of Molendinar, adjacent to Southport and approximately seven kilometres north-west of Surfers Paradise, on the Gold Coast. The developed residential suburbs of Labrador, Southport and Ashmore are situated to the east and south, while the modern residential suburbs of Parkwood and Nerang are situated to the north and west respectively. The property has frontage to Olsen Avenue and has good exposure to vehicular traffic. Olsen Avenue forms part of an arterial link extending from Oxenford in the north to Benowa in the south.

Land area

35,270 m²

The total GLA/retail area

12,431 m²

Lease Commencement Date

10/11/1998

Total Property Cost

$10,098,132

Current valuation

$27,200,000

Annual Rent

$1,774,646

Project Location

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