5 Northview Street Mermaid Waters, QLD 4218

Emilio Ciavarella of RWC proudly presents an exceptional freehold industrial opportunity within the tightly held Mermaid Waters Industrial Precinct, offered via Online Auction.

PROPERTY OVERVIEW:
After 26 years of continuous ownership, this meticulously maintained asset is being released to the market-a rare opportunity for investors seeking a secure, high-growth location in the heart of the Gold Coast.

Currently leased to a long-term tenant, the property provides immediate income, while its prime waterfront position, just moments from Pacific Fair and the beach, offers outstanding potential for future redevelopment or repositioning.

KEY HIGHLIGHTS:

• 1,012*m² Freehold land parcel
• 517*m² Total net lettable area
• First time offered in 26 years
• Waterfront industrial holding
• Zoned Low Impact Industry

KEY LEASE DETAILS:

• Lease Term: 3 years
• Expiry: 31 July 2026
• Option: One (1) further 3-year term
• Current Annual Rent (as of Oct 2025): $71,067.53* gross
• Outgoings: Included in rent

INVESTMENT HIGHLIGHTS:
• Significant Rental Upside: Market review due 31 July 2026, with an estimated achievable rent of $129,000* - $155,000* net p.a.
• 6 On-Site Car Parks
• Prime Central Location with excellent connectivity to the Gold Coast Highway
• Recent Capital Upgrade: Full roof replacement in 2025, including all metal sheeting, clips, flashings, cappings, and custom Colorbond gutters-providing strong depreciation benefits for the incoming owner

SUMMARY:
This freehold industrial asset delivers immediate income, strong rental uplift potential, and long-term capital growth prospects. Its generous land size, flexible configuration, strategic waterfront position, and proximity to major amenities make it ideal for a range of industrial uses, secure investment, or future redevelopment.

The property is being sold via an Online Auction to be held on Thursday, 19 February at 11:00am.

For further information or to arrange a private inspection, please contact the exclusive agent, Emilio Ciavarella.

* Approximately.

This property is being sold by an Online Auction, which may be sold at any point and without a price; therefore, a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Disclaimer: Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers/lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advice or as is otherwise necessary. No duty of care is assumed by 'The Collective Commercial Pty Ltd' trading as Ray White Commercial Burleigh Group towards the recipient with regard to the use of this information and all information given is given without responsibility. Visit RWC BURLEIGH GROUP for tips on Gold Coast Commercial Real Estate Gold Coast, Burleigh Heads Commercial Real Estate, Burleigh Waters Commercial Real Estate, Carrara Commercial Real Estate, Coolangatta Commercial Real Estate, Currumbin Commercial Real Estate, Tweed Heads Commercial Real Estate, Helensvale Commercial Real Estate, Arundel Commercial Real Estate, Biggera Waters Commercial Real Estate, Bundall Commercial Real Estate, Gold Coast property or any of the following suburbs to know more about the commercial market in these areas: Advancetown, Alberton, Arundel, Ashmore, Austinville, Benowa, Biggera Waters, Bilinga, Bonogin, Broadbeach, Broadbeach Waters, Bundall, Burleigh Heads, Burleigh Waters, Carrara, Cedar Creek, Clagiraba, Clear Island Waters, Coolangatta, Coombabah, Coomera, Currumbin, Currumbin Waters, Currumbin Valley, Elanora, Gaven, Gilberton, Gilston, Guanaba, Helensvale, Highland Park, Hope Island, Hollywell, Jacobs Well, Kingsholme, Labrador, Lower Beechmont, Luscombe, Main Beach, Maudsland, Mermaid Beach, Mermaid Waters, Merrimac, Miami, Molendinar, Mount Nathan, Commercial Property, Real Estate Investment, Property Development, Commercial Real Estate, Property Management, Investment Property, Real Estate Development, Real Estate Investing, Real Estate Broker, Real Estate Agent, Australian Real Estate, Property for Sale, Office Space, Retail Space, Industrial Property, Commercial Land, Commercial Building, Property Investment, Investment Opportunity, Development Opportunity.