8/240 Varsity Parade, Varsity Lakes, Qld 4227

Jared Johnson & Taylor Jones from Coastal Commercial are delighted to present an exceptional opportunity for astute investors looking for a perfectly positioned Commercial asset with a long-standing, quality tenant.

Located in the vibrant heart of Varsity Lakes, this blue-chip investment is walking distance to highly acclaimed Bond University (5,625 enrolled students in 2024), major arterial roads, public transport links and an array of popular restaurants, and boutique retailers. 

The sellers are extremely motivated and will entertain all cash unconditional offers prior to Auction. If not sold prior, the property will be sold via Public Auction 11:00am on Wednesday the 3rd of September at Coastal Commercial office. Level 1/16 Queensland Avenue, Broadbeach.

• The property offers the following rarely available investment highlights:
• 92m2 NLA
• Rental income $54,331.92 p.a. plus outgoings
• 7 years with  2 x 7 year options
• Great value for money investment
• Highly desirable ground floor, street fronting tenancy with exposure to street
• Tenanted by popular tenant 'Blackboard Varsity'
• High quality fit-out 
• Long standing quality local business as tenant
• CPI% annual rental increase
• 4 x exclusive use car parks at the rear of the premises
• Ample street parking
• Disabled access

Disclaimer: We have in preparing this information used our best endeavors to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.