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Published by Ray White GC South Network, 2017-11-27 19:28:38

The Prospect - Feb/Mar 2017 Edition

Commercial Real Estate

Keywords: Commercial Real Estate

THEPROSPECT

Commercial Sales | Commercial Leases | Business Sales | Asset Management

MORE THAN FEB/MAR
$12 MILLION 2017 ISSUE
PROPERTY SOLD
AT AUCTION The must have
magazine
Check inside for all of the
details on this years for business
Auction Spectacular owners and
commercial
FREE!
investors
A tempting selection of Commercial Properties
from the Gold & Tweed Coasts proudly brought
to you by the team at

Ray White Commercial GC South

CONTENTS

Commercial Sales & Leasing | Business Sales

PRINCIPAL UPDATE YOUR INSIGHT CASE STUDIES
PG 3 PG 4 - 5 PG 6-7

Ray White Commercial GC South Check out what’s making news in Take a moment to investigate the
Principal Jared Hodge has the the Ray White Commercial GC South finer details behind our recent
latest, in this months update. group.
commercial real estate campaigns.

BUSINESS SALES MARKET STATISTICS HOT LISTINGS
PG 8-9 PG 10 - 11 PG 12 - 14

Looking to buy a business on the Gold We have done the research for you. We have a great selection of
or Tweed Coast? We have a great Check out the latest Industrial, Retail opportunities available on the
selection of opportunities available. and Office sales and leasing rates. Gold and Tweed Coast.

RECENT SUCCESS CAREERS ASSET MANAGEMENT
PG 15 PG 16 PG 20

Our experienced and dynamic team Reach your highest earning Make sure your property is managed
share with you our recent success in potential with Ray White by the right team getting the best
the commercial market. Commercial GC South results.

2 | Ray White Commercial GC South

PRINCIPAL update

CREATING THE RIGHT RETAIL EXPERIENCE MULTI-NATIONALS EYE THE LOCAL MARKET 93
Along with a new year comes new ways of looking at things. As the A recent Deloitte survey found that 39 of the top 250
expectations of consumers evolve so too must those of retailers. It’s retailers worldwide are now represented in Australia. PRINCIPAL UPDATE
an ideal juncture to scrutinise business processes. More are set to join them. Pre GFC, a lot of these
companies viewed our market with some disdain.
Large companies offer a layered approach to interacting with The resilience of the Australian market has found
customers. By building on positive experiences with their brand, they them reevaluating that outlook.
generate loyalty over time and maximise opportunities for revenue.
Viewed through the prism of corporate profits, high
Small businesses can harness this approach. Even giving staffing costs were formerly a concern. However
consideration to simple things like how a customer feels when they those same high wages create good disposable
enter the premises is useful. What do they see? What do they hear or incomes. And the spending habits of Australians mean
smell? In summer are they kept cool, in winter are they warm? Is their those wages make their way into cash registers and
path to purchase clear and unobstructed? corporate coffers more readily here than elsewhere.

Evaluating a transaction through the eyes of a customer is important Add to this the relative stability of our banking and
and something successful businesses do regularly. Areas which need political system and Australia is becoming a more
attention are brought into focus. desirable destination for global retailers.

STRATEGIC PARTNERSHIPS 2016 MARKET IN BRIEF
While important, success in business is not just about sales or service. The 4Q 2016 was a relatively quiet period across
It is not solely about the customer either. Productive relationships with Gold Coast Commercial markets which contrasted
suppliers, advisors, investors and staff–as well as with clients–creates against a busy mid-year. $73.147million changed
a network of sustainability. Talking with competitors can also be useful. hands and this was a swift drop from the high
achieved during the 3Q 2016 of over $272 million.
If your business is approaching an expansion nexus then the prospect
of a street presence, staffing and a commercial lease can seem The total number of sales remained high although
daunting. Seeking advice is a great first step. average revenue had reduced to $1.179 million.
This reflected the higher volume of strata sales
Small online retailers have enjoyed significant success in recent years. recorded during this period.
Many of them are now running out of space and considering the move
from their garage to a business address. If that is your experience the The three months between October and
first step will be finding a commercial agent you can talk to. December 2016 saw Industrial re-establish its
dominance representing more than 40% of all
Whether retail or industrial the current transactions, followed by Retail at 20.47%.
The asset classes which have been growing in
choke points for the market are stock demand around much of Australia including
Child Care and Medical represented a high
availability. Indentifying the right address to 13.47% of the total sales during this last
quarter of 2016.
trade from relies on access. Good

commercial agents have access to quality

stock.

Jared Hodge

Ray White Commercial GC South

YOUR INSIGHT

Commercial News

GO TO COURT AT SOUTHPORT DOMINATING PALM BEACH

BAY ST, SOUTHPORT Riding on Palm Beach’s popularity Ray White GC
Commercial South is successfully managing and
“a st rateg ic move for G o To C our t L aw yers leasing three tenancies at 1166 Gold Coast Highway.
who have offices in more than 200 locations”
After a complete fitout ‘Wildernis Café’ have opened a
National legal firm ‘Go To Court Lawyers’ has leased popular and thriving business at arguably the best position
an entire freehold building in the heart of the in Palm Beach facing Seventh Avenue. Widernis has also
Southport CBD on the Gold Coast for its latest renovated the upstairs tenancy above the established BWS
office location. on the corner of this block fronting the Gold Coast Highway
to supply extra eating and function area with amazing sea
‘Go To Court Lawyers’ has secured an approximately 400m2 views and breezes. Shop 2 has now been leased by Greg
building at 32 Bay Street, Southport, through Ray White Watson from Ray White Commercial GC South to ‘Ultra Suite
Commercial GC South. Hair Bar’ Lounge who will opening soon on a 2 + 2-year
lease.
The property appealed to ‘Go To Court Lawyers’ due to its
proximity to the Southport Court House. Elke Robertson - Commercial Property Manager advised:
‘This is a perfect example how Ray Whites team of Leasing
This is a strategic move for ‘Go To Court Lawyers’ who have Agents and Property Managers are working in unison with
offices in more than 200 locations nationwide. owners and tenants to achieve maximum gains for all parties
involved. The ongoing management of this property proves
This property is a freehold which has excellent exposure to that we have established relationships with our clients and
Ferry Road and extremely high volumes of traffic. This was we have their best interests at hand’.
previously home to another legal firm.
ACHIEVING MAXIMUM GAINS
The building also comes with eight basement car parking
spaces. “successfully managing and leasing three
t e n a n c i e s a t 1 1 6 6 G o l d C o a s t H i g h w a y.”
The ease of parking is a huge benefit as parking is an
ongoing issue throughout the Southport CBD.

‘Go To Court Lawyers’ has taken out a 5 + 5 year lease at an
annual gross rental of $140,000 per annum.

4 | Ray White Commercial GC South

95

NEXT AUCTION SUMMER YOUR INSIGHT | commercial news
EVENT SPECTACULAR
AUCTION
15 February 2017 ACTION
5:30pm EST
8 March 2017
5:30pm EST
Currumbin RSL,
Currumbin

Our Gold Coast South office network The general consensus from the
comprising of seven offices spanning attendees were impressed with Ray
from Cabarita to Burleigh Heads White GC Souths ability to market
started 2017 with a huge success properties by integrating in house
at our annual ‘Summer Spectacular marketing mediums which provide
Auction’ event at Twin Towns, printing services, professional
Tweed Heads. photography and videography, social
The event featured 35 residential, media and some of the best
commercial and rural properties commercial and residential property
resulting in 23 property sales on the managers in the country to work with
day. Sales ranged from $315,00 to our clients to provide exceptional
our top sale for a mixed-use results before, during and after the
commercial development site with a auction process.
potential holding income at 79 – 81 There is a clear indication that there
Wharf Street, Tweed Heads which is high demand for properties in our
sold for $2.25 million. region and we have quality properties
Spirited bidding from 110 registered for astute buyers available. If you
buyers with Ray Whites chief have missed out and if you wish to
auctioneer Phillip Parker resulted ride on the success of Ray White
in motivated vendors and serious GC Souths Auction process, please
buyers coming together to achieve contact 07 55 350 500 to talk to our
the best results that we have seen in representatives.
years.

Ray White Commercial GC South

CASE STUDIES

Recent Activity

CASE STUDY The agent did an excellent job in As a result of the campaign, partnered
TYPE: Auction drumming up the interest from the with the support and skills of the Ray
79-81 Wharf Street TWEED HEADS enquiries and making sure they were White Commercial GC South team, this
mostly pre-registered for auction prior to property resulted in the highest sale
A refurbished commercial retail building the day and also aware of the process value sold under the hammer at the
on the corner of a main intersection in and their bidding rights. Auction Spectacular last month.
the CBD with high passing traffic The property was featured in multiple
exposure. The property undertook a print media local, regional and national; Total spend: $36,789.00
healthy marketing campaign of over together with a digital campaign Total enquiries: 19
$30,000 to ensure all buyers were aware spanning across social media platforms, Sale price: $2,475,000 (inc GST)
of the sale and given the opportunity to target databasing and website listings. Sale date: 22 January 2017
attend the auction. Sqm rate: $1,744.18
Agent: Assi Dadon

6 | Ray White Commercial GC South

97

Take a moment to investigate the finer details behind our success... CASE STUDIES

Behind the scenes in most things in life, there is a lot more going on than most people can ever begin to
imagine. This rings true in all aspects of commercial real estate. Take a quick look at our recent case studies.

CASE STUDY CASE STUDY
TYPE: Sale TYPE: Auction
44/2 Eighth Avenue
PALM BEACH 19 Chinderah Bay Drive
CHINDERAH

This 37m2 tenancy sold within a Matt Luff from our Residential Kingscliff
week of listing. Purchased by 2 Office and Dru Morgan from our
local businessman who plan to Commercial Team worked together as to
refurbish and use the space as best service the seller for this property. An
HQ for one of their businesses. Auction campaign launched from both
The small size tenancy was priced offices to ensure all buyers local, national
attractively even though it achieved and international were reached via
a higher rate per m2 than other Newspaper, Database, Social media and
recent sales in the building. more. This resulted in good interest and
most importantly a successful sale under
Listed date: 20 Oct 2016 the hammer on Auction Day!

Inspections: 4

Total enquiries: 8 Total advertising spend: $4,000

Sale price: $110,000 + GST Inspections: 17

Sale date: 10 Nov 2016 Offers: 4

Agent: Greg Watson Total enquiries: 24

Sale price: $1,060,000

Sale date: 29 Nov 2016

Agent: Dru Morgan &

Matt Luff

SOLD SOLD

Ray White Commercial GC South

BUSINESS SALE - expressions of interest

Sale Busy Riverside Pizza and
Thai Business For Sale
Expressions of Interest
Closing 24 February 2017 6-8 Commercial Road
Dru Morgan 0418 185 484 MURWILLUMBAH
[email protected]
One of Murwillumbah’s best positioned Café /
8 | Ray White Commercial GC South Restaurants is now on the market.

This flourishing business has been established
for over 20 years and has become one of
the busiest dining destinations in the area.
Riverside was originally a Pizza shop and then
become a Pizza and Thai Restaurant with a
unique combination of food.

It is a busy night-time restaurant with a large
loyal customer base which has been
established in Murwillumbah for 20+ years.

Located in the heart of Murwillumbah’s CBD,
the restaurant has covered alfresco dining with
a large seating capacity. The business
provides dine-in, take-away and delivery. It is
fully licenced and has the capacity for live
entertainment and functions.

BUSINESS SALE

99

Beachfront Business For Sale BUSINESS SALE

1 Douglas Street ‘The Outcider’
KIRRA

Don’t miss this amazing opportunity to purchase
one of the Southern Gold Coast’s truly unique
Restaurant, Bar and Coffee icons.

The Outcider offers a relaxed dining experience
and prides itself on being the only Cider Bar on
the Southern Gold Coast strip. Founded in 2013,
this amazing business has combined a passion
for wholesome food with fresh sea air,
amazing coffee, tasty ciders, local beer and
friendly service.

The Outcider’s Supreme Roasters coffee is
roasted locally and the famous cold pressed
Tonic juices are pressed at Currumbin using the
freshest local fruits and vegetables.

This fantastic restaurant and bar offers modern
Australian food with an emphasis on whole food,
made with love. You can soak up the atmosphere
of this fabulous beach front location whilst
enjoying pizzas, share plates, burgers, salads or
main meal options.

Sale

Expressions of Interest
Closing 3 March 2017
Dru Morgan 0418 185 484
[email protected]

Ray White Commercial GC South

MARKET stats
Southern Gold Coast & Tweed Shire

We do the research for you

In our last edition of The Prospect, the team at Ray White Commercial GC South have joined forces to collate
their market knowledge into a report on the commercial sales and leasing activity on the Gold and Tweed
Coasts. The sales data below is from the research on our agents, public websites, valuers and others.

Industrial (Sales)

Date Address City NLA m2 Sale Price $/sqm Yield

Jan 2017 4/38 Township Drive BURLEIGH HEADS 506 $1,150,000* $272.73 6.26%

Jan 2017 5/51 Township Drive BURLEIGH HEADS 307 $285,000* $2,638.89 -

Jan 2017 10 Ern Harley Drive BURLEIGH HEADS 875 $1,465,000 $1,674.29 7.17%
$250,000
Jan 2017 5/11 Industry Drive TWEED HEADS SOUTH 137 $1,824.82 6.49%
Jan 2017 8/25 Industrial Avenue
Jan 2017 3 Stewart Road MOLENDINAR 307 $590,000* $1,921.82 -
Jan 2017 1/11 Bailey Crescent
CURRUMBIN WATERS 568 $1,170,000* $2,059.86 7.51%
$115,000
SOUTHPORT 43 $ 2,674.42 9.04%
*Agents Advice

Office / Retail (Sales)

Date Address City NLA m2 Sale Price $/sqm Yield
118 $1,095,000
Dec 2016 404/18 Cypress Avenue SURFERS PARADISE 152 $700,000 $9,279.66 8.22%
159 $1,450,000 $4,605.26 10.43%
Dec 2016 3 & 5/99 Griffith Street COOLANGATTA 119 $592,000
1100 $2,250,000
Jan 2017 120 Marine Parade COOLANGATTA 150 $800,000* $9,119.50 7.10%
136 $580,000* $4,974.79 8.68%
Jan 2017 11/58 Riverwalk Avenue ROBINA 173 $550,000* $2,045.45 -
Jan 2017 79-81 Wharf Street TWEED HEADS $5,333.33 7.28%
Jan 2017 1/14 Philippine Parade PALM BEACH $4,271.32 2.90%
Jan 2017 437, 438/34-36 Glenferrie Drive ROBINA $3,179.19 -
Jan 2017 107/20 Lake Orr Drive VARSITY LAKES
*Agents Advice

Source: Public Websites, APM, RPData, Ray White Database, Sign Monitors and others.

10 | Ray White Commercial GC South

Industrial (Leasing) 911

Date Address City NLA m2 Gross $ pa $/sqm MARKET STATISTICS
Jan 2017 4/89 West Burleigh Road
Jan 2017 Unit 2/8 Strathaird Road BURLEIGH HEADS 214 $28,800.00 $134.58
Jan 2017 4/64 Machinery Drive
Jan 2017 9/12 Rudman Parade BUNDALL 152 $24,000.00** $157.89
Jan 2017 6/25 Industry Drive
Jan 2017 2/25 Ourimbah Road TWEED HEADS SOUTH 100 $14,400.00** $144.00
Jan 2017 1/1 Bee Court
Jan 2017 26 Brendan Drive BURLEIGH HEADS 800 $84,000.00** $105.00
Jan 2017 3/2 John Duncan Court
TWEED HEADS SOUTH 260 $26,400.00** $101.54

TWEED HEADS 160 $19,200.00** $120.00

BURLEIGH HEADS 202 $32,148.96 $159.16
NERANG
VARSITY LAKES 458 $78,000.00 $170.31

387 $73,530.00** $190.00
**Asking Rent

Office / Retail (Leasing)

Date Address City NLA m2 Gross $ pa $/sqm

Dec 2016 1/10 Rivendell Drive TWEED HEADS SOUTH 238 $36,000.00 $151.26

Dec 2016 21/2 Eighth Avenue PALM BEACH 65 $15,000.00** $230.77

Dec 2016 2a/44 Greenway Drive TWEED HEADS SOUTH 90 $27,000.00 $300.00

Dec 2016 22 / 75 Wharf Street TWEED HEADS 186 $46,500.00** $250.00

Dec 2016 18 Hawker Street CURRUMBIN WATERS 80 $17,600.00 $220.00

Dec 2016 1/3078 Surfers Paradise Boulevard SURFERS PARADISE 66 $41,600.00 $630.30

Dec 2016 1b/2019 Gold Coast Highway MIAMI 429 $138,000.00 $321.68

Jan 2017 Lot 202/50 Marine Parade SOUTHPORT 86 $24,000.00** $279.07

Jan 2017 15/2378 Gold Coast Highway MERMAID BEACH 63.5 $29,986.00** $330.50

Jan 2017 5 Windmill Street SOUTHPORT 102 $24,000.00 $235.29

Jan 2017 13/118 Griffith Street COOLANGATTA 63 $36,600.00** $580.95

Jan 2017 10/79 West Burleigh Road BURLEIGH HEADS 81 $24,300.00** $300.00

Jan 2017 30/1176 Gold Coast Highway PALM BEACH 48 $15,781.82 $328.79

Jan 2017 3/22 Surf Parade BROADBEACH 134 $15,000.00** $111.94
**Asking Rent

COMMERCIAL SALES & LEASING - Darren Jones

DARREN JONES Darren’s Awards with Ray White include:
• Membership of Alan White Performer Club 2016
• Alan White Elite Performer Status - 2015
• Membership of Alan White Premier Club 2014
• Membership of Alan White Premier Club 2013
• Membership of Alan White Premier Club 2012
• Membership of Alan White Premier Club 2011
• RWC No. 4 Internationally for Settled

Transactions 2014/2015
• RWC No. 5 Internationally for Settled

Transactions 2013
• RWC No. 4 Internationally for Settled

Transactions 2012
• RWC No. 5 Internationally for Settled

Transactions 2011
• RWC No. 6 Internationally for Settled

Transactions 2010

2016 $11,467,000 in sales 2016 $ov8er20,000 in leasing income
SALES LEASES for clients

115 Murwillumbah Street, MURWILLUMBAH Hotel 2/27 Central Drive, BURLEIGH HEADS Industrial
1/44 Dover Drive, BURLEIGH HEADS Industrial Unit 12/31 Lundberg Drive, MURWILLUMBAH Industrial
21 Taree Street, BURLEIGH HEADS Industrial 6/19 Buchanan Street, MURWILLUMBAH Industrial
93-95 Dover Drive, BURLEIGH HEADS Industrial 76 Quarry Road, MURWILLUMBAH Industrial
2/55 Ourimbah Road, TWEED HEADS Industrial 4/48 Ourimbah Road, TWEED HEADS Industrial
8/64 Ourimbah Road, TWEED HEADS Industrial 5/48 Ourimbah Road, TWEED HEADS Industrial
3/55 Ourimbah Road, TWEED HEADS Industrial 40b Ourimbah Road, TWEED HEADS Industrial
Lot 13/48 Machinery Drive, TWEED HEADS SOUTH Industrial 8/23 Machinery Drive, TWEED HEADS SOUTH Industrial
19 & 20/48 Machinery Drive, TWEED HEADS SOUTH Industrial 8/38 Machinery Drive, TWEED HEADS SOUTH Industrial
Unit 16 (Lot 20) / 4-5 Tierneys Place, TWEED HEADS STH Industrial 9/25 Ourimbah Road, TWEED HEADS Industrial
4/11 Industry Drive, TWEED HEADS STH Industrial Unit 2, 62-74 Industry Drive, TWEED HEADS SOUTH Industrial
8/25 Machinery Drive, TWEED HEADS STH Industrial 2/38 Industry Drive, TWEED HEADS SOUTH Industrial
6/25 Industry Drive, TWEED HEADS STH Industrial 6/23 Enterprise Avenue, TWEED HEADS SOUTH Industrial
6/18 Industry Drive, TWEED HEADS STH Industrial 15/23 Enterprise Avenue, TWEED HEADS SOUTH Industrial
37 Machinery Drive, TWEED HEADS STH Industrial 5/37 Machinery Drive, TWEED HEADS SOUTH Industrial
Lot 203 Industry Central, MURWILLUMBAH Land 5/34 Oyster Point Road, BANORA POINT Office
Lot 201 Industry Central, MURWILLUMBAH Land Shop 206, 87 Griffith Street, COOLANGATTA Office
Lot 516 Industry Central, MURWILLUMBAH Land Suite 30 Kingscliff Central, 11-13 Pearl St KINGSCLIFF Office
Lot 202 Industry Central, MURWILLUMBAH Land Suite 1, 46-48 Wharf Street, TWEED HEADS Office
8/38-44 Boyd Street, TWEED HEADS Medical Suite 2, 46-48 Wharf Street, TWEED HEADS Office
2/139-141 Minjungbal Drive, TWEED HEADS STH Office Suite 4, 46-48 Wharf Street, TWEED HEADS Office
Suites 6&7, 46-48 Wharf Street, TWEED HEADS Office
EXPERIENCE + KNOWLEDGE = RESULTS 18/8 Corporation Circuit, TWEED HEADS SOUTH Office
13/8 Corporation Circuit, TWEED HEADS SOUTH Office
JAN - DEC 2016 20/8 Corporation Circuit, TWEED HEADS SOUTH Office
2a/44 Greenway Drive, TWEED HEADS SOUTH Office
21 38 3/40 Griffith Street, COOLANGATTA Retail
SALES LEASES Shop 209, 87 Griffith Street, COOLANGATTA Retail
Shop 5/40 Griffith Street, COOLANGATTA Retail
Darren Jones 0402 188 648 30a Griffith Street, COOLANGATTA Retail
[email protected] 2/98 Marine Parade, KINGSCLIFF Retail
2/18 Kite Crescent, MURWILLUMBAH Retail
12 | Ray White Commercial GC South 22 Bay Street, TWEED HEADS Retail
Shops 1&2/32 Bay Street, TWEED HEADS Retail
Shop 1/12 Bay Street, TWEED HEADS Retail
Shop 7/2-8 Blundell Blvd, TWEED HEADS SOUTH Retail
7/99 Minjungbal Drive, TWEED HEADS SOUTH Retail
Shop 3/2-8 Blundell Blvd, TWEED HEADS SOUTH Retail

COMMERCIAL SALE - auction

913

Professional Investment COMMERCIAL SALE | auction

307/87 Griffith Street
COOLANGATTA

This commercial office investment property
has been home to the same accountancy
practice for approximately 20 years. It is now
being offered for sale with a long term lease in
place.

This opportunity includes:
• 175m2 commercial office space
• Prime location in Coolangatta CBD with

ocean views
• 5 year lease with a 2 x 5 year options
• Current net rental $67,392
• 4% annual increases with market review

at the end of year 4
• Fully fitted out by Lessee

The property is located in the heart of the
Coolangatta CBD with ocean views and
excellent exposure.

Solid investment with long term professional
tenant in place on an attractive lease.

Auction

8 March 2017 at 5:30pm EST
Currumbin RSL, Currumbin
Greg Watson 0417 757 442
[email protected]

Ray White Commercial GC South

COMMERCIAL SALE - investment

Sale Currumbin Investment

$899,000 11 Hayter Street
CURRUMBIN
Greg Watson 0417 757 442
[email protected] This tightly held investment property is located
in the heart of the Currumbin Industrial precinct
and is home to a commercial vehicle sales
office and yard on a 5 x 5 year lease.

• 1,543m2 industrial land
• 5 x 5 year lease in place
• Currently netting $62,930 pa
• Improvements include 2 relocatable

offices on gravel hardstand
• Solid investment in high demand area

The property is located in the heart of the
Currumbin Industrial precinct with direct
access to the M1 motorway. It is an easy drive
to Currumbin restaurants and beach front.

Seller requires sale for cash injections into his
business!

VACANT POSSESSION COULD ALSO BE NEGOTIATED

14 | Ray White Commercial GC South

RECENT SUCCESS - under contract 915

Commercial Investment RECENT SUCCESS | greg watson
Opportunity

21 Gardenia Grove
Burleigh Heads

• 1,061sqm NLA, fully leased
• Close to Burleigh Social, Paddock

Bakery and the GC Highway
• Walk to the beach, cafes, restaurants

and transport
• 1,736sqm of land, corner block
• 22 on-site car parks
• Immense upside potential

This property is conveniently located just
off the Gold Coast Highway in the Burleigh
Heads/Miami area in close proximity to
Burleigh Social, Black Hops Brewery and
The Paddock Bakery. The property is
within walking distance to world renowned
Burleigh beach, cafes & restaurants,
Burleigh Heads retail hub and public
transport.

RECENT SUCCESS - sold Greg Watson 0417 757 442
[email protected]

Motel and 4 x Apartments
in One Line

1026 Gold Coast Highway &
96 Sarawak Avenue
Palm Beach

Located at the Southern end of Palm Beach
are these two properties being offered for
sale in one line.
Included is an 18 room Motel on 1194m2 of
land plus 4 strata titled 2 x bedroom units
on 526m2 land.
• Fully operating 18 x room motel with

reception and 2 bedroom managers
residence.
• Full brick / suspended slab
construction
• 4 brick veneer 2 x bedroom apartments
currently set up for holiday letting
• All fully furnished and air-conditioned
• Total land area of 1720m2
• Providing a substantial income

Greg Watson 0417 757 442
[email protected]

Ray White Commercial GC South

COMMERCIAL AGENT - profile

I AM

Tanaka Jabangwe 0449 048 779
[email protected]

SALE Calabro Way, BURLEIGH HEADS | 199m2 Industrial/Office | $425,000 +GST
Cylinders Drive, KINGSCLIFF | 3,046m2 Development Site | Offers to Purchase
Riverview Cove, MACKSVILLE | 2.56ha Development Site | $785,000 +GST
Gold Coast Hwy, PALM BEACH | Motel/Redevelopment Site | Offers to Purchase
Musgrave Street, COOLANGATTA | 53m2 & 61m2 Tenanted Investment | Offers to Purchase
Taree Street, BURLEIGH HEADS | 140-360m2 Tenanted Investment | Expressions of Interest

Orchid Avenue, SURFERS PARADISE | 20m2-500m2 Retail/Office/Medical | Price Upon Application
| $2,800 +Outgoings +GST pcm
LEASE Albert Avenue, BROADBEACH | 83m2 Office | $4,250 +GST pcm
| from $5,400 +GST pcm
Albert Avenue, BROADBEACH | 60m2 Office/Retail | $4,000 +Outgoings +GST
| $2,850 +GST pcm
Markeri Street, MERMAID WATERS | 100-150m2 Warehouse | $4,974 +Outgoings +GST pcm
| $7,050 +Outgoings +GST pcm
Lake Orr Drive, VARSITY LAKES | 160m2 Office | from $1,800 +Outgoings +GST pcm
| $2,732 +GST pcm
Fortitude Crescent, BURLEIGH HEADS | 321m2 Industrial | $3,474.75 +GST pcm
| from $450/sqm +GST
Classic Way, BURLEIGH HEADS | 114m2 Office | from $1,800+GST pcm
| $2,950 +GST pcm
Gold Coast Hwy, PALM BEACH | 118m2 Retail

Gold Coast Hwy, PALM BEACH | 48-170m2 Office

Gold Coast Hwy, PALM BEACH | 83m2 Office

Gold Coast Hwy, PALM BEACH | 106m2 Office

Griffith Street, COOLANGATTA | 20-150m2 Retail/Office/Medical

Nerang Street, NERANG | 58m2-153m2 Office

Alex Fisher Drive, BURLEIGH HEADS | 225m2 Industrial

Sales & Leasing Consultant Tanaka holds a Bachelor of Business majoring in Real
Estate and Property Development with minors in
Tanaka’s success in Commercial Real Estate is a testament Marketing & Finance - equipping him with a powerful
to his lifelong principles of integrity, respect, humility and knowledge base. He has outstanding
accountability. These principles shape the way he operates technical skills particularly in
in both his professional and personal life. investment strategies, trend
analysis and market research.
He feels his client’s peace of mind is paramount, as they are
entrusting him with one of their most valuable assets in a You will find the combination of
process that requires mutual understanding. Tanaka’s high standard of
professionalism and friendly
16 | Ray White Commercial GC South personality extremely refreshing.

917

A career in Commercial Real Estate Ray White Commercial GC South CAREERS | make the move
is rewarding and challenging is part of a proactive, constantly
evolving and driven real estate team.
“You will either step forward into
growth or you will step back into Whether you are just beginning to think about
safety” Abraham Maslow becoming a commercial real estate agent, or you
We choose GROWTH! are already established in the industry.

REACH YOUR HIGHEST EARNING POTENTIAL
A successful real estate company needs
streamlined and time efficient systems, so the
agents can be out doing what they do best,
listing, selling and leasing. This ultimately results
in your highest possible earning potential and
job satisfaction. This is exactly what we offer to
every member of the Ray White Commercial GC
South team.

PICK UP THE PHONE NOW
You will never regret beginning your career with
Ray White Commercial GC South. Contact our
Recruitment Officer today on (07) 5535 0500.

COMMERCIAL SALE

Commercial Building Liquidation

1/31-33 Morton Street
CHINDERAH

The property is a 605m2 site zoned general industry and features a large two
level building that is suitable for many uses. The 568m2 building has been
fully refurbished and consists of a kitchen, laundry, office, 5 bedrooms with
ensuites on the ground floor and a large entertainment area on the first floor
with a kitchen and private function rooms.

Sale

$550,000 + GST

James Shugg 0414 502 109
[email protected]

Ray White Commercial GC South

Meet the Team

Jared Hodge Tara Imlach Michelle Jones

Principal Commercial Administration Commercial Administration

+61 7 5535 0500 +61 7 5535 0500 +61 7 5599 5000
+61 404 809 580 [email protected] [email protected]
[email protected]

Assi Dadon Brad Duncalfe Brendan Morgan

Commercial Sales/Leasing Commercial Sales/Leasing Business Broker

+61 7 5599 5000 +61 7 5535 0500 +61 7 5535 0500
+61 415 598 588 +61 0419 641 058 +61 411 410 099
[email protected] [email protected] [email protected]

Darren Jones Dru Morgan Greg Watson

Commercial Sales/Leasing Business Broker Commercial Sales
Commercial Sales/ Leasing
+61 7 5599 5000 +61 7 5535 0500
+61 402 188 648 +61 7 5599 5000 +61 417 757 442
[email protected] +61 418 185 484 [email protected]
[email protected]

Neil Johnston Tanaka Jabangwe

Commercial Sales/Leasing Commercial Sales/Leasing

+61 7 5535 0500 +61 7 5535 0500
+61 411 988 998 +61 449 048 779
[email protected] [email protected]

Important notice: While much care is taken to ensure that the information in this magazine is accurate, Ray White Commercial GC South does not provide any guarantee as to the accuracy of the information
provided in any part of this document. The views expressed are of a general nature and do not in any way constitute advice in any form. This commentary is provided as an opinion only. It does not represent
a formal valuation and should not be relied upon or treated as such. In accordance with Company Policy this document has been prepared for general use only and Ray White accept no responsibility or
liability to any other party who might use or rely upon this report in whole or part of its contents. Ray White reserves the right to revise this commentary at any time. Should there be any errors in the data and/
or information in this document, please do not hesitate to contact our office. All numbers are approximates only.

18 | Ray White Commercial GC South

Commercial
GC South

Commercial Sales
Commercial Leases
Commercial Management

P +7 5535 0500
19 Taree Street
Burleigh Heads QLD, 4220

P +7 5599 5000
Shop 14-15 ‘The Strand’
Griffith Street, Coolangatta QLD 4225

Ray White
Business
Brokers

Gold Coast

P +7 5535 0500
19 Taree Street
Burleigh Heads QLD, 4220

P +7 5599 5000
Shop 14-15 ‘The Strand’
Griffith Street, Coolangatta QLD 4225

Ray White

Commercial GC South
is part of the greater Ray
White GC South Network

Ray White Burleigh Waters
Ray White Palm Beach
Ray White Coolangatta/Tweed Heads
Ray White Banora
Ray White Kingscliff/Casuarina
Ray White Cabarita Beach/Pottsville
Ray White Rural Murwillumbah

Creating the WOW!

ASSET
MANAGEMENT

Retail | Shopping Centres | Hotels | Industrial | Offices

Current Managements Include:
• ‘RP1’ Bellevue Drive, Varsity Lakes
• Byron Bay Beach Hotel
• Beach House Seaside Resort, Coolangatta

Elke Robertson Leteicha Ridge Caroline Thompson Commercial
GC South
Asset Manager Asset Manager Trust Account Manager Asset Management

+61 7 5535 0500 +61 7 5535 0500 +61 7 5559 9700 19 Taree Street
+61 400 983 883 [email protected] [email protected] Burleigh Heads QLD 4220

[email protected]


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