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ANZ & BOQ Banks 24-28 Griffith Street, Coolangatta, Qld 4225

ANZ & BOQ Banks 24-28 Griffith Street, Coolangatta, Qld 4225

Retail Land/Development

  • For Sale
  • Auction: 13 May 2021 at 11am

100% ASX Tenanted Beachside Investment (ANZ & BOQ)

  • ANZ & Bank of Queensland
  • Mixed-use development land
  • 24m building height limit

  • Land Area
  • 420.00 m² (approx)
  • Floor Area
  • 360 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • May 13, 2021

Additional Details


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Colliers - Gold Coast

Level 2 Circle on Cavill, 3184 Surfers Paradise Boulevard

Surfers Paradise Qld 4217

100% ASX Tenanted Beachside Investment (ANZ & BOQ)

100% ASX Tenanted Beachside Investment (ANZ & BOQ):

Rare freehold investment with two ASX listed tenants one block from Coolangatta beach.

Investment features include:
• Net Income: $256,386 pa + GST
• 360sqm of total building area*
• 420sqm of land area*
• 5 year lease to ANZ to 2024 with options to 2034
• 7 year lease to BOQ to 2023 with options to 2028
• 100% leased to two ASX-listed companies
• Both tenants in first term of lease
• ANZ in 185sqm / BOQ in 175sqm*
• Both are boutique, small format, hi-tech, modern fit-outs
• Building extensively refurbished between 2016 & 2018
• 19.8m of valuable 'High Street' retail frontage*
• Dual street frontages (rear access from Chalk Street)
• 24 metre building height limit
• Mixed-use 'Centre' zoning (residential /retail /commercial)
• Residential density of 1 bed per 33sqm of land
• Irreplaceable CBD beachside position in Australia's 6th largest city
• 5 minutes drive to Gold Coast International Airport*
• Situated among national retailers such as Woolworths, ALDI, CBA, Westpac & NAB
• ANZ: Top 6 ASX-listed bank with $80+ billion market cap

ANZ & BOQ Banks 24-28 Griffith Street, Coolangatta, Qld 4225

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