



Positioned in the heart of the Varsity Lakes CBD, 19A Lake Street presents an outstanding opportunity to acquire a securely leased commercial asset with strong income, fixed annual rental growth and long-term tenure. This substantial 353 sqm* ground-floor commercial property is leased on a net basis, providing investors with a secure income stream while outgoings are paid by the tenant in addition to rent. The property is underpinned by a five-year lease to July 2030, with three further five-year options available, offering the potential for long-term income security. Fixed annual rental increases of 4% provide built-in income growth, while a security bond equivalent to six months' rent plus GST further enhances the investment's appeal. Strategically located within the thriving Varsity Lakes CBD, the property benefits from excellent connectivity and is surrounded by established residential, retail, educational and commercial amenity, including Bond University, Varsity College and The Market Place. Investment Highlights: • 353 sqm* ground-floor commercial property • Net rental income of $147,000 p.a. + GST • Tenant pays all outgoings • 5-year lease in place to 24 July 2030 • Fixed 4% annual rental increases • Security bond equivalent to six months' rent + GST • Prominent position within Varsity Lakes CBD • Close to Bond University, Varsity College and The Market Place Combining secure income, annual growth and a quality Gold Coast location, 19A Lake Street presents an exceptional opportunity for investors seeking a strong-performing commercial asset with long-term upside. Secure Income. Fixed Growth. Long-Term Security. Contact the exclusive marketing agents today to obtain a copy of the Information Memorandum and further details. Disclaimer: Knight Frank Gold Coast has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advice or as is otherwise necessary. No duty of care is assumed by City Commercial Gold Coast Pty Ltd T/A Knight Frank Gold Coast toward the recipient with regard to the use of this information and all information given is given without responsibility.
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Property ID: 505243588
Original Property ID: 505243588