5 De Barnett Street, Coomera, QLD 4209

Jackson Rameau & Fraser Cowan from RWC is pleased to present to the market for sale via auction, 5 De Barnett Street, Coomera. Strategically positioned facing the M1 Motorway, this unique opportunity boasts endless opportunities for future development with an array of different uses from industrial storage to residential.

Key features include:

• 1,777 m2* total land area with dual street frontages

• On-Site manager has a lease for 6 months remaining over the entire site

• Net income of $180,000* P.A. + GST + Outgoings until Feb 2025

• Short-term lease allows incoming buyer to self-manage both storage units and residence or redevelop

• Previous approval for 'Additions to Storage Level' (second-level approval for storage facility)

• 42 industrial storage sheds & 4 bedroom residential house on site

• Provisions for an on-site resident manager/office

• Security Gates and 24-hour CCTV surveillance with easy access

• Accessible from both De Barnett Street & Nells Court, Coomera

• Easy access to the M1 Pacific Motorway (north & southbound lanes) with strong highway exposure

• Development permit for reconfiguring a lot, for a two-lot subdivision (allowing the ability to sell individually in future)

• Fantastic location - don't miss this outstanding opportunity

• Owners are genuine about selling and absolutely must be sold!

Offered for sale via Public Auction to be held 11am Thursday 26th September 2024 at the Gold Coast Turf Club, Racecourse Drive, Bundall QLD. For more information or a private inspection, please contact the exclusive marketing agents Jackson Rameau on 0438 451 112 or Fraser Cowan on 0468 756 174.

Disclaimer:

Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers/lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility. This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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