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Commercial 1

148m²* Warehouse + Rear Courtyard | Invest Now, Occupy from Feb 2027 | Molendinar

Price

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1 / 8
Floor area
148m²

About this property

Unit 1, 11 Expansion Street is a 148sqm* industrial strata unit in the tightly held Molendinar precinct. Leased until 31 January 2027 with no further options, it offers income now and a clear path to occupy or re-lease at market rent. It's well suited to an owner-occupier looking to secure their own premises, or an investor seeking a small-format unit in a central location.

Key Features:

  • 148sqm* warehouse and office/reception
  • Small rear courtyard
  • High access roller door
  • Glass door entry to office/reception area
  • Security bars on doors
  • Painted internal walls and floor
  • 3 phase power to sub board
  • High bay lighting
  • Private toilet and kitchenette
  • 2* allocated off-street car parks
  • Insulated roof
  • Concrete tilt panel construction

The Investment:

  • Current rent: approx. $41,084 p.a. + GST (gross lease)
  • Estimated net income: approx. $32,539 p.a. + GST after outgoings, before land tax
  • Lease expiry: 31 January 2027, no further options
  • Zoning: Low Impact Industry

The Location:

  • Central Molendinar, just off Ashmore Road
  • Quick access to the M1 Pacific Motorway and Smith Street Motorway
  • Close to Ashmore City Shopping Centre, Gold Coast University Hospital and Southport

Small-format strata units rarely come to market in Molendinar. Contact your exclusive agents at Commercial 1 today to request the Information Memorandum or arrange an inspection.

* Approximately

Disclaimer

Commercial 1 Gold Coast Pty Ltd, including all of its officers, employees and/or consultants ("Us/We") will from time to time provide recipients ("you") with information in respect of the property or any matter related to the property ("Information"). We make no representation or guarantee as to the completeness or accuracy of the Information. You should satisfy yourself as to the accuracy and completeness of the Information. The Information should not be relied upon by you and you should make your own enquiries as to the accuracy and completeness of the Information, including obtaining your own legal advice in respect of the Information and the property. We do not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to, lost profits or savings, arising out of, or in any way connected with, the use of any Information, or any error, omission or defect in the Information.

Property details

Status
For Sale
Property type
Industrial/Warehouse
Location
1/11 Expansion Street, Molendinar QLD
Floor area
148 m²
Reference
43613333

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