Industrial site in northern Gold Coast's Stapylton up for auction
A tenanted industrial site at Stapylton within the Yatala Enterprise Area (YEA) on the northern Gold Coast is set to go under the hammer through Ray White on June 15.
The property at 243 Stapylton-Jacobs Well Road comprises mainly hardstand and two large industrial units.
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 listing agent is Debbie Phillips of Ray White Industrial M1 North.
It currently has four tenants and returns 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.
The property sits on an area of 35,200 sqm.
The property is located within a kilometre of the M1 Motorway and is situated between Brisbane and the Gold Coast.
“The property is zoned for ‘Future Medium Impact Industry’ under the Gold Coast City Council Planning Scheme,” she said.
