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    Back to results
    1. Search Results(4227)
    2. 154 Varsity Parade, VARSITY LAKES, QLD 4227

    154 Varsity Parade,
    VARSITY LAKES, QLD 4227

    for Sale

    3,994m² (approx)

    PRICE

    Contact Agent

    PROPERTY ID

    AU-5857381-1
    For Sale
    For Sale - Office

    REPOSITION, RE-LEASE, VALUE ADD

    Highlights

    • Under replacement cost - will be sold
    • Strong passing income
    • Double-digit return targeted
    • 5.5-star NABERS Energy rating

    Overview

    154 Varsity Parade is a modern commercial office building located in the geographical heart of the Gold Coast, minutes from the M1 Motorway and Varsity Lakes Train Station. The opportunity with this commercial office is to reposition, re-lease and value add with proactive management and leasing strategies. Due to the nature of the Gold Coast office market, being underpinned by small and medium enterprise, the City has had stable occupancy which is continuing to drive the local economy.  - Modern well maintained office building - Strong passing income of $832,687 per annum* - Potential income when fully leased $1,588,847 per annum* - Double-digit return targeted upon re-leasing campaign - 50%* occupied by multi-national company, Serco Australia - Net lettable area 3,994 sqm* - Land area 3,913 sqm* - 140 car parks* - Eight level height limit - 5.5-star NABERS Energy Rating - Take advantage of the strong Gold Coast commercial market, underpinned by quality SME sector For further information or to arrange an inspection, please contact exclusive agent via the links above. * Approx
    Less

    Sizes and Measurements

    Floor Area

    3,994m² (approx)

    Office size

    3,994m² (approx)

    Land Area

    3,913m² (approx)

    Parking

    Car Parking spaces

    140 spaces

    Pricing Information

    For sale

    Contact Agent
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    • MW

      Mark Witheriff

      Video Link
    • Arrange an Inspection

    Photos

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    Back to results
    1. Search Results(4227)
    2. 154 Varsity Parade, VARSITY LAKES, QLD 4227

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