1/11 Expansion Street, Molendinar, Qld 4214

Unit 1, 11 Expansion Street is a 148sqm* industrial strata unit in the tightly held Molendinar precinct. Leased until 31 January 2027 with no further options, it offers income now and a clear path to occupy or re-lease at market rent. It's well suited to an owner-occupier looking to secure their own premises, or an investor seeking a small-format unit in a central location.

Key Features:

* 148sqm* warehouse and office/reception
* Small rear courtyard
* High access roller door
* Glass door entry to office/reception area
* Security bars on doors
* Painted internal walls and floor
* 3 phase power to sub board
* High bay lighting
* Private toilet and kitchenette
* 2* allocated off-street car parks
* Insulated roof
* Concrete tilt panel construction

The Investment:
* Current rent: approx. $41,084 p.a. + GST (gross lease)
* Estimated net income: approx. $32,539 p.a. + GST after outgoings, before land tax
* Lease expiry: 31 January 2027, no further options
* Zoning: Low Impact Industry

The Location:
* Central Molendinar, just off Ashmore Road
* Quick access to the M1 Pacific Motorway and Smith Street Motorway
* Close to Ashmore City Shopping Centre, Gold Coast University Hospital and Southport

Small-format strata units rarely come to market in Molendinar. Contact your exclusive agents at Commercial 1 today to request the Information Memorandum or arrange an inspection.

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