Dual Stream Income Property!

To watch a Video specifically on this property, simply click on the link below or otherwise you can copy and paste the below link into a new web browser:
https://youtu.be/Lq5wSGoAVgw

To take an ONLINE Tour of this property using 3D Tour (similar to Google Street view inside your house), simply click link below or otherwise you can copy and paste the below link into a new web browser:
https://my.matterport.com/show/?m=VogG7xhYQiz

The Brad Scott team is extremely excited to launch this incredible opportunity to the market. 52 Mortensen Road, Nerang is an exceptional opportunity for you to secure a freehold property with Commercial & Residential upside with dual income potential. Watch the video and 3D Tour for a virtual tour online.

Our seller is committed to sell, extremely motivated and has given very clear instructions to sell!

Being in the heart of Nerang is located perfectly to enable a successful operator to set up a buzzing small business. The ground floor is currently fitted out as a fully functioning Korean Chicken Shop and is complimented with kitchen and cooking facilities and a family friendly 3 bedroom residence above.

Main road exposure, close to the Pacific Motorway, Bunnings, local schools and amenities and with plenty of parking. This attractive little property will provide you with income and lifestyle.

Rarely does a property of this type become available in the Nerang area. Ideal for operators who require the bonus of a residential component.

There are many capturing features, some of which include:
- Convenience/Take away shop
- Includes upstairs self contained 3 bedroom apartment
- Plenty of onsite parking
- Floor to ceiling tiles in kitchen
- Double stainless steel sinks plus separate hand washing facilities
- Tiled floors throughout
- Lock up garage and bathroom at rear
- 644m2 Elevated corner block
- Excellent exposure on main arterial road
- Downstairs was previously operated as a local convenience store
- 1,000L Grease Trap
- Upstairs is a 3 bedroom fully self contained apartment
- Onsite parking

PROPERTY INFORMATION
Gold Coast City Council Rates: $5,132* p.a. approx. (Outgoings paid by tenant*)
Gold Coast City Water Rates: $2,649* p.a. approx. (Outgoings paid by tenant*)
Current Commercial Downstairs Rent: $2,900* (inc GST) per calendar month - From 20/06/2022 to 19/08/2025 (Includes 4% p.a. increase in rent)
Current Residential Upstairs Rent: $1,500* per calendar month - From 28/07/2022 to 27/07/2025
Total Rent: $4,400* per calendar month
Body Corp: N/A
Built: 1979*

* denotes approximations and/or measurements

A rare opportunity to purchase in an unbeatable tranquil location.

Contact your local Benowa Area specialist Brad Scott on 0408 338 605 or Wayne Haase on 0498 098 426 for further information, otherwise we look forward to seeing you at one of our scheduled open homes.

Disclaimer: We have in preparing this information used our best endeavours 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 inquiries to verify the information contained herein.

COVID-19 Update
- Please do not attend any inspections if have returned from overseas in the past 14 days, are unwell, elderly, or have a compromised immune system.
- Please practice social distancing at all inspections to help minimize the spread of COVID-19.
- If you are unable to physically attend an inspection please contact us for other options – Or alternatively please click on the 3D Tour to have a virtual inspection online.

• Floor Plans