Stapylton Industrial Investment for Sale at Auction
An industrial investment opportunity at Stapylton within the Yatala Enterprise Area (YEA) on the northern Gold Coast is being offered for sale via auction by Ray White Industrial M1 North.
The approximately 35,200 sqm property at 243 Stapylton-Jacobs Well Road, Stapylton, is being marketed by Debbie Phillips of Ray White Industrial M1 North.
Debbie Phillips said the fully fenced and secure industrial site is comprised mainly of hardstand, and two large industrial units and currently has four tenants and is returning gross rental income of $293,105 per annum. Three phase power, natural gas to site, as well as two envirocycle tanks are installed for some tenants.
“There is potential for total gross annual rental income of more than $385,000 per annum,” she said.
Debbie Phillips said the property is located within a kilometre of the M1 Motorway and is strategically situated between Brisbane and the Gold Coast in one of the fastest growing industrial areas in South East Queensland.
“The property is zoned for ‘Future Medium Impact Industry’ under the Gold Coast City Council Planning Scheme,” she said.
“A material change of use (MCU) has been approved for motor vehicle repairs and sales premises. All infrastructure charges have been paid by the current owner.”
Debbie Phillips said the YEA is already home to more than 550 small, medium and large businesses and employs more than 10,000 skilled locals, with projections estimating this impressive statistic will grow to more than 16,000 within the next two years.
The Stapylton property is to be offered for sale by public auction at 11am (AEST) on Thursday, June 15, 2017, at the Gold Coast Turf Club, Bundall