The PC Robina office building listed for sale
The recently refurbished and fully-occupied The PC commercial building in CBDRobina has been listed by Robina Group.
The PC is the home of business incubator, Gold Coast Innovation Hub, and Australian travel specialist, Helloworld.
It is a premium three-storey commercial office building, with a net lettable area of 2,11 2sqm is located at 36 Laver Drive in the heart of CBDRobina.
The building has a WALE of 4.4 years and is generating a gross building income of approximately $1 million per annum.
Last year The Gold Coast Hub signed a five-year lease, with two five-year options, for 1,822 sqm of space over three levels, including a fully-equipped event centre seating over 100 people.
Helloworld also moved into The PC, leasing a 290 sqm first floor office on a five-year lease, with a five-year option.
Knight Frank Australia Gold Coast partner and joint head, Mark Witheriff, will handle the sale of The PC in conjunction with Knight Frank Melbourne commercial sales head, Paul Henley, through an offers to purchase campaign, closing 17 April 2019.
Mr Witheriff said he expected strong interest in The PC due to its high-profile status, outstanding tenant profile and recent extensive refurbishment.
The building also includes 64 car parking spaces, comprised of secure basement and street-level visitor bays.
Mr Witheriff also said the entire The PC building was approved by Gold Coast City Council for medical and commercial office use.
Robina Group CEO Hylton Slater said The PC was a further example of the strength of Robina’s office market.
“High-performing commercial buildings with an exceptional tenant profile such as this are tightly-held in CBDRobina and rarely become available for sale, and as such we predict high demand for this asset,” he said.
