2 Deauville Drive
Retail and Residential Mixed Use Investment Opportunity
Adam Grbcic and Taylor Jones from Kollosche Commercial are proud to present to the market, 2 Deauville Drive in Southport ("The Property").
This is an excellent investment opportunity to purchase a mixed-use property with fantastic exposure which has recently been refurbished.
The Property offers a rare opportunity for either owner occupiers seeking a wellness or beauty/health tenancy whilst collecting additional income from the residential component which has 5 residential rooming tenants. Alternatively this provides a high yielding commercial investment for investors.
Situated on the corner of Deauville Drive and Ferry Road, exposed to a high volume of vehicular traffic and strategically located on the main thoroughfare leading into the Southport CBD & adjacent The Southport School, the Gold Coasts most prestigious private school, the property offers the following key attributes:
- Land Size: 655m2*
- Ground Floor: comprises a fully fitted out 'A' grade multipurpose commercial tenancy (vacant) and a self contained residential unit (fully occupied)
- Attached and independent/self contained living quarters (tenanted)
- First Floor: is a 4 bedroom unit (fully occupied)
- Large Carport Storage (tenanted)
- Ample car parking onsite and on street with easy access
The Investment Opportunity offers:
- Multi-Tenanted Residential Dwelling with 5 residential tenants (4 on first floor and 1 self contained unit on the ground)
- Opportunity to lease or occupy the recently refurbished beautiful salon on the ground floor
- Total Gross Income (fully let): $160,680 + GST
For more information, please contact either Adam Grbcic or Taylor Jones from Kollosche Commercial.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
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2 Deauville Drive Southport
- Council Rates - $7201.84 per quarter
- Water Rates - $3432.84 per year
- Other Outgoings - $4586.63 per quarter