Tenanted Freehold Property At Molendinar, Gold Coast, For Sale


A freehold property with a prominent tenant in the Molendinar business precinct on the Gold Coast is being offered for sale by Ray White Commercial.
The warehouse/office at 23 Jade Drive, Molendinar, is being offered for sale by Private Treaty through Steve Macgregor of Ray White Industrial Gold Coast.
Steve Macgregor said the property is leased to Ashton’s Removals, which has been operating for more than 30 years and is renowned for its reputation as one of the Gold Coast’s most experienced removalist firms.
“The company signed a three year lease last year for $240,000 per annum, with the option of extending for another three years,” he said.
“Positioned in a strategic location, the tenant takes advantage of the central position and the property’s close proximity to other warehouses and manufacturers, as well as the local shopping centre and service station.”
Steve Macgregor said the property was situated on approximately 3,858 sqm of land and had a building area of approximately 863 sqm.
“The property has an internal height of 9.3 metres and comprises a 1914.4 sqm warehouse, 140.6 sqm reception area and 98.9 sqm mezzanine level. There are multiple staff amenities including shower facilities at both ends of the property, as well as a rear office,” he said. 
“The site also comes equipped with 36 onsite car parks, a truck bay and a five tonne gantry crane and filtration system.
“Another great aspect of the site is that it has been built with the consideration of power, roller doors, footings and services should the property need to be divided into individual tenancies.”
Steve Macgregor said the property had Industry 2, low impact zoning and was situated in a convenient, sought after location due to its northern location close to the M1 Motorway.
“Molendinar is widely regarded as the premier and the most central industrial estate on the Gold Coast with many national companies calling the precinct home including G James Glass, King Springs, Blue Scope Steel and Capral Aluminium Plus.”
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