McVay Real Estate - For Sale - The Oasis, Gold Coast, Australia

The Gold Coast’s Premier Mixed Use Development

McVay Real Estate
is delighted to offer for sale

The Oasis, Broadbeach
on the Gold Coast of Australia

Gold Coast’s best mixed use asset with a thriving F&B precinct
($18,170/sqm turnover ex GST) at the heart of Broadbeach

Fully refurbished anchor tenants, Woolworths and Broadbeach Tavern,
performing strongly with Woolworths nearing turnover rent threshold

Diverse set of income streams including traditional retail (48%),
dining precinct (23%), office (20%) and car parking (9%)

Substantial 5.2m visitors in the last year from a significant resident
trade area population and immediate proximity to The Star Casino

Future redevelopment potential with DA approval for a
further 3,743 sqm of commercial area over Level 2 (370sqm)
and Level 3 (3,373sqm)

Fully Leased net income of $13,865,000 p.a. as at 1 January 2020

WALE by income of 5.8 years

* Site boundaries indicative only

EXPRESSIONS OF INTEREST

Closing Thursday 7th November 2019 at 4.00pm (AEDT)

For further information or to arrange an inspection,
please contact the undersigned:

Dan McVay

Sam McVay

In conjunction with Jones Lang LaSalle

www.mcvayre.com.au

DISCLAIMER

1. This material has been prepared in good faith with due care by McVay Real Estate (MRE) solely for the information of potential purchasers to assist them in deciding whether they are interested in the premises;

2. The information does not form part of any offer or contract and is intended as a guide only;

3. You should not rely on any material contained herein but should make independent investigations to satisfy yourselves as to the correctness of any statements or representations;

4. No representation or warranty is made by MRE or its Principal as to the accuracy or sufficiency of the material, in whole or part; and

5. No liability for negligence or otherwise is assumed by MRE or its Principal, the vendor of this property, for the material contained herein. Any liability on the part of MRE, its servants or agents for damages for any claim by a potential purchaser arising out of or in connection with this material, other than liability which is totally excluded by this disclaimer, will not (whether or not such liability results from or involves negligence) exceed A$1,000.

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