Author Archive for Kris Racette

439 Wardrop Valley Road, Wardrop Valley NSW 2484

Looking for a tree change? This is it! Nearly every property in this area has minimum 20 year holding, many 30 years with one owner. No wonder this is such a secret. With the glitz, growth, and conGestion of the neighbouring beach areas like Byron Bay and the Gold Coast each within an easy drive telling everyone about this magnificent setting will be like sharing your favourite surf spots with a backpackers hostel. Fortunately this area is also exclusive and solely made up of large lot sizes. All zoned RU2 permitting one dwelling per minimum lot size, and a minimum new lot size of 40 Ha, this area is controlled not to be developed. In the surrounding areas, deep amongst the extensive tree canopy of the landscape and sheltered under the “Cloud Catcher” Wollumbin national park.
With the area as magical as it is historical and culturally significant to the early settler story there is no shortage of future chapters yet to be written nor authors to write them. The area is a hotbed of its own eco-development with recent council led projects such as the “Small, Smart Sustainable Housing Village (2019)” through Tweed Shire Council and the Ecovillage at Currumbin. There is no doubt a burgeoning modernist settler mentality and culture also richly fed by new technology and underpinned by affordable and innovative building techniques. All of this can be your muse on your own piece of independent near untouched land.
If the dream seems to far fetched to realise consider the ease of your daily commute if you are still to grind in modern society while establishing your pastoral paradise with tourist hubs of the Gold Coast, Hastings Point, and Byron Bay all near equi-distant and an easy morning or evening journey – far easier than a Sydney or Melbourne suburban commute. Consider also the caretaker who has lived on this land in the existing tin shed for 20 years. It is certainly already liveable if rustic. But isn’t that the allure?

• 8.07 hectares of near pristine land
• Single title and all fully fenced
• Nearby Wardrop Valley Road
• Byron Bay 31.6km away
• Gold Coast Airport 22.4km away
• Hastings Point 13.1kms away
• Murwillumbah 4.8kms away

This is a truly unique opportunity, with a fair expectation of value being acquired through public consultation and expression of interest. The property must sell, and to secure it quickly will be your best ally in the current market. Please contact me by phone or email (leave a message or text if unanswered, email always preferred for Q&A) and I look forward to discussing this enjoyable rural opportunity with you.

2/36-38 Back Street “Le Caprice”, Biggera Waters QLD 4216

Unassuming no frills two bedroom apartment in a waterfront complex. Spacious and open kitchen, lounge and dining. Great privacy between the bedrooms, both with built in robes. Ensuite to master and second bathroom with bath and shower and combined laundry. The location is fantastic one block back from the Broadwater and all within a short walking distance of many attractions x. Only 3 minutes drive to Harbour Town and Runaway Bay Shopping village.

• 2 bedroom master ensuited
• Second bathroom with bath and shower
• Modern roomy kitchen with breakfast bar
• Large balcony overlooking gardens
• Intercom access for peace of mind
• Secure double car park
• Large living area

Property was rented for $370 / week, however, there is undoubtedly opportunity to increase the rent. Up to date rental appraisal available on request. Outgoings will be added here shortly. Please attend our weekend open homes, as the property is tenanted until the 7th of July. Make a purchase now and chose to either vacant possession or have the property re-tenanted!

• Body Corporate levies $48.33 / week
• Water rates $364.38 last quarter
• Council rates $925.59 last 6 months

Shop 1 / 133 Laver Drive, Robina QLD 4226

104 square metre office space with high quality fit out in the heart of Robina CBD. Get yours and your teams hustle on with great street frontage and easy access for your clients in the “Wharf” Robina. You’d be forgiven for thinking you are in the transit hub of the gold coast with the train station across the road, Metricon stadium, Robina Town Centre and Robina Hospital all within near equal distances.

Work in comfort with this carpeted and gently partitioned open office space with attractive lighting and ducted air conditioning. Alternatively remodel for the long term and set your base up for future success. Enjoy a substantial balcony and there is a grease trap in place, so food application is not out of the question. Or maintain the existing fit out and make use of the office kitchenette to nourish your staff. There is substantial possibility and I recommend an inspection!

• 104m2 Prime Retail/Office Exposure
• Option to split into Cafe/Retail/Office
• Extensive fit out including grease trap connection
• 3 Owned carparks plus substantial customer parking behind tenancy
• Exclusive Large Alfresco area included
• Incredible location close to a vast array of key business interests

Location map features:

• 250 metres to Robina Station
• 400 metres to Quest Apartments (hotel for visiting clients?)
• 500 metres to Robina Hospital
• 650 metres to Cbus Super Stadium
• 750 metres to Robina Town Centre
• 4 kilometres to Bond University
• 7.5 kilometres to the beach ????

Competitive rent can be negotiated. Contact for information and inspection.

7 Hants Street, Hamilton QLD 4007

One would be forgiven for being swept away in the imagery conjured up by this home constructed near the time of integration of the suburb into the Greater Brisbane Council (1925 though constructed in 1930). The interwar years saw a horse-drawn bus and tram service via the Breakfast Creek bridge to the city replaced by an electric tram terminating at the end of Racecourse Road. This has always been a suburb where aristocracy and piety mingle and in this home too we see that prospect with its humble construction on generous 405 square metre block.

From its north facing position the 3 bedroom home stands proudly and privately with louvered windows filtering the all-day sun for comfort in winter and summer alike. 3 generous bedrooms with 16.92 square metre master and 14.85 square meter second bedroom, and third bedroom or study 11.1 square metre (3m x 3.7m) still large by today’s standards. The kitchen and bathroom have been recently renovated and are at once highly functional and unobtrusive in their styling and will not age. The lounge is open plan with the galley style kitchen plus island bench to which both adorn the southern side of the house and overlook the lush and large backyard.

The kitchen has gas cooking, as is the homes hot water service, and a dishwasher as well as stone benchtops. There are ceiling fans throughout the homes periodically typical 2.7 metre high ceilings. Under the house enjoy parking for 2 vehicles undercover, laundry, and bathroom / powder room but with potential.

• Open plan living with 2.7m high ceilings with fans
• Modern kitchen with stone bench tops, gas cooking and dishwasher
• Over sized separate lounge
• 3 Bedrooms with ceiling fans
• 2 king sized bedrooms
• 1 single size bedroom
• Huge storage potential under house
• Double lock up garage
• Internal laundry within garage
• Hardwood home with beautiful timber floors to the kitchen
• Fresh carpet to living area and bedrooms
• Internal stairs to the garage, open plan laundry and 2nd toilet
• North facing on a 405m2 block with a flat back yard

Distances:

1.2km to Eat Street Markets
800m to Dendy Cinemas Portside
2 minute walk to the nearest bus
400m to Hamilton State School
2.5km St Margaret’s Anglican Girls School
1.4km Bretts Wharf Ferry City Cat Terminal
All only 6km from the Brisbane CBD

Hamilton is bordering the Brisbane River and is one of the city’s most prestigious suburbs.
It is in easy reach to landmarks like Breakfast Creek Wharf and Eagle Farm Racecourse as well as the Brisbane River. Excellent bus services in the area make getting to and from schools located in Hamilton and the neighbouring suburbs convenient. Schools include Ascot State School, St Rita’s College and St Margaret’s Anglican Girls’ School. For residents heading into the city, bus routes and the City Cat ferry service make the daily commute relatively convenient. Getting away for the weekend is also a possibility easy access to the Gateway Motorway for coastal day trips, and the Brisbane Domestic and International Airports for interstate and international travel.

This federation style homes rich history is still being written and forms blue chip stock to land bank while easily covering costs in todays favourable interest environment. This could be a legacy type investment or the simplest of present day re-development of the medium density site. In either respect the future is yours to write with a suitably priced expression of interest. Please contact me with inquiries. As the home is tenanted we are keeping to previously arranged inspection times and encourage your attendance. I look forward to meeting you.

9 Dabchick Drive, Burleigh Waters QLD 4220

Immaculate family home on a 613 square metre block in the heart of Beautiful Burleigh. The epitome of the family home and matching the character of the area with 4 bedrooms, 2 bathrooms, separate double lock up garage with potential to convert to separate living. This home has it all and we were proud to sell the site off market to a wonderful family to call their very own piece of heaven. Thinking of selling? Find an alternative to the big 4 Burleigh agents to a genuine boutique dedicated and underspoken agency represented by two of the most experienced agents in Burleigh Heads Real estate. An office with combined experience of 140 years across 5 staff members. We love where we live and are proud to market to the area.

Shop 13 1-9 Lindfield Road, Helensvale QLD 4212

Secure this retail shop quickly as this centre is set for growth with new owners and some big opportunity. Next door Kiwi Fish and Chips derives constant traffic flow as does ever popular Our Family Barber. We are soon to add a very busy local Chiropractic Office with 15 years service to the community and now moving to the centre. “Helensvale Convenience Centre” will finally re-earn its place amongst locals as the pivotal shopping centre. Make this the location of your new business, expansion, or relocation.

The shop was previously, sometime ago admittedly, a hobby shop for toy cars I believe. But there is nothing childish about this opportunity. The shop is presently divided into 3 separate rooms, with larger central reception area, middle room, and back office type area with privacy glass. Separate break room with back door and access to the rear courtyard. Your fit out might be quite different and the essentials are that it has 43 square metres total, and Air Conditioning unit (unknown if functioning), dual access and significant Discovery Drive street frontage. Don’t worry about the yellow walls, we are happy to throw in a tin of paint as a letting incentive!

The centre has 2 separate toilet blocks, 56 parking spaces, and a mix of tenancies including convenience store, barber shop, fish and chips, Italian restaurant, real estate, mortgage broker, and pool shop. Total lettable area on offer with this tenancy of 43 square metres.

• 43 square metres total lettable area
• 3 offices off of one central reception
• Dual access front and back plus 6 metres of shop frontage
• No grease trap / not suitable for food
• Neighbourhood centre with 14 tenancies in total
• 56 parking spaces, 2 common toilets, security

Contact the agent with any questions or to arrange a site inspection.

6/20 Aquila Court “Longbeach Lodge”, Mermaid Waters QLD 4218

Absolute waterfront two bedroom renovated unit on the ground floor in the best position in a quiet boutique complex of only 12 units situated in a cul-de-sac. Perfectly positioned to take advantage of the amazing water view from both living room & master bedroom, with a large entertainers balcony and your own private paved courtyard.

Spacious open plan air conditioned living areas with double sliding security doors to outdoor area and floating timber flooring throughout, Gourmet Kitchen is huge with breakfast bar, Blanco gas stove top and electric oven, range-hood, dishwasher and plenty of cupboards and bench space.

King size Master bedroom has study nook and amazing waterfront views. Stylish renovated bathroom with powder-room entrance, en-suited to master bedroom and two way access. Both bedrooms have security screens and built in robes.

Secure lock up garage with drive through access to an exclusive use lawn area of 60 sqm on the right hand side of the unit ideal for parking a small boat or trailer and Jetty access!

Positioned in a highly desired location, only a short walk or leisurely bike ride to Pacific Fair Shopping Centre and the beautiful Gold Coast Beaches.

Property Features:

• Spacious living area with air-conditioning
• Bedrooms with builtins and ceiling fans
• Bathroom with separate bath and shower
• Open plan living dining area
• Large modern kitchen
• Separate laundry
• Large entertainers balcony
• Single remote garage
• Central & Convenient location
• Small Block of only 12 units with Jetty

Mermaid waters is a quiet, family residential area, with a mix of lakes and canals winding through the neighbourhood; providing numerous water based recreational activities. The canal lake system offers direct ocean access for the boating enthusiast.

The major shopping centre, ‘Pacific Fair’ is located nearby, along with a short drive to Robina Town Centre & Q Super Centre. This property is located within a short distance to the dining and café precinct of Broadbeach and only a short walk or drive to the famous Gold Coast beaches of Mermaid & Broadbeach.

Inspecting by private appointment – property is leased at $500/week. This is an undeniable investment opportunity or vacant posession. Body Corporate and rates on request.

G & D L

Hi Kris

Dessy and I would like to thank you and the Asset Management Team for the pleasant and very professional manner, in the way you handled the letting,  sale and settlement of our property in Pacific on Peerless, Mermaid Beach just last week.  I have spoken with the buyer and can confirm he too is very happy with the purchase.  A win-win for both Buyer and Seller, that is what we like!

You and your team are managing all our properties to our utmost satisfaction and we will continue to work with you exclusively, for both letting management, sales and purchases of new properties going forward.  The role of Asset Property Management in our property investment business, is a key role and very much appreciated.

Best wishes,

G & D L

102/46-48 Peerless Avenue, Mermaid Beach QLD 4218

Perfectly positioned right on the border of Broadbeach with the beach, light rail, Pacific Fair and cosmopolitan eateries all within a short stroll of the doorstep, this four year old security apartment promises a lifestyle beyond compare. Showcasing bright open contemporary design, ultra-chic finishes and an oversize sunlit northerly terrace, it’s heaven for executive entertainers’, downsizers or anyone who never wants to miss a beat.

• Set within the immaculate Pacific on Peerless’ with level access
• Generous light filled living space with defined dining area
• Sliding glass doors open to large covered entertainers’ terrace
• Stunning CaesarStone island kitchen with stainless steel dishwasher
• Spacious bedrooms with built-ins, main opens to the terrace
• Sleek contemporary bathroom plus powder room, internal laundry
• 98sqm on title, sleek tiled flooring, air conditioning and ceiling fans
• Boutique building of 15, tropical landscaped gardens with a pool
• Two minutes barefoot to beach, short stroll to light rail and Pacific Fair
• Easy stroll to Broadbeach’s eateries and shopping plus the casino
• Covered security parking with storage cage, lift access to parking
• Currently tenanted $600 per week by rental specialist Asset Management Property Group
• Body Corporate $91 per week
• $874 per 6 months
• Water $231 per quarter

This property has been sold by Asset Property Sales.

8 Pacific Avenue, Miami QLD 4220

Imagine the opportunity for the future of basing your business on this 387 m2 site 600 metres as the crow flyes to the Gold Coast’s beaches! At the absolute mid-point of Australia’s glitter strip and soon to be a burgeoning focal point of commerce the intersection of Pacific Avenue and the Gold Coast highway will likely become one of the Gold Coast’s pivotal cross roads. Here we see the arrival of the light rail stage 3 with three stations, Nobby Beach, Miami North and Miami within 500 metres. A prominent service station sits directly adjacent to the subject property with significant undeveloped hardstand and without hindering the visibility of potential street signage on the site.

If city life is loosing its luster, the traffic, lack of parking, competition, the rat race, why not relocate? And what better way to relocate a distribution / wholesaling / showroom than into this site with 188 square metres of office space and additional 176 square metres of storage PLUS 72 square metre tandem undercover parking garage.

The property itself has been well kept and significantly developed to A grade office space – though there are a number of possible configurations to suit your specific application. The premium upper level has tasteful wood floors and an outlook across Miami and Magic Mountain to be the envy of the most towering of corporate offices. It has been substantially fitted with boardroom, 4 separate enclosed offices, ducted air conditioning and a wrap around balcony to soak in the views and some welcome respite. The back office has filing room, kitchenette and male and female washrooms. The total lettable area of this level is 188 square metres without taking into account the separate stairway to street access. The downstairs area comprises 131m2 of further finished area including a boardroom, 2 separate large tiled floor areas both air conditioned, near new full bathroom with shower, separate toilet, storage closet and kitchenette. The rear portion of the site has a 45m2 unfinished storage area as well as undercover parking that can accommodate 5 vehicles parked in tandem.

The two levels have separate electricity metres and a common illuminated street sign and solar 6′ high security gate. The roof space has yet been undeveloped but not only is improvement upwards a possibility, in the short term there is opportunity to provide billboard advertising and solar power.

With so much being spoken in the media about Queensland’s growth, why not make the choice and bring your business here now! You can still back the blues, we love the competition!

1-9 Lindfield Road, Helensvale QLD 4212

1126 square metres of lettable area spread across 15 tenancies. All secured under one title on a significant land offering totalling 4782 square metres. The development was completed circa 1984 and comprises four buildings, one of which is two level. It is of a functional design and there is an additional ground lease for a communication tower. There is adequate on-site bitumen sealed carparking and good access provided via three entry points, off Discovery Drive and Lindfield Road with the land use classification of “Local Business” domain.
Of the 15 shops a notable vacancy has been created following the closure of the majority of restaurant businesses from the complex. This has left 8 vacant tenancies and the landlord is currently working hard with its managing agent at re-tenanting the centre towards capacity. This has created an opportunity for a changing of the guard or redevelopment by a suitably targeted incoming owner. The income nevertheless remains at an attractive $214,882 per annum plus some $60,297 outgoings recovered (2019-2020 FY audited). Fully tenanted the complex proposes a total income of $475,000 or greater.
While this complex is not for the faint hearted the upside potential is such that a measured investor can realise a substantial windfall gain through any number of possible strategies. As the listing agent towards this sale our realisation is that the complex is to be sold with our office as exclusive agent and our hard working, experienced team are available to guide your investment realisation through the purchase phase and hopefully on to future success. We welcome inquiries and have further information at the ready to provide you the necessary resources to make an informed decision. We look forward to receiving your inquiry.

• Central Gold Coast “Local Business” domain zoning
• Large land offering across 5 blocks and 4782 square metres
• Built size of 1126 lettable area in fair condition
• 15 tenancies 7 active returning $215,000 annually
• Projected fully capitalised income of $475,000
• Motivated overseas vendor selling via expression of interest offers

Tenancy Overview

Helensvale Convenience Centre is a well established community retail hub. The council classification “Local Business” domain has the stated purpose to ensure that local business centres provide opportunities for local community interaction and a sense of place and identity. It seeks to provide for a wide variety of activities including retailing, office uses, personal services entertainment and recreational activities, without changing the function or the predominant local service orientation of the business centre.
The existing tenancy mix of the complex reflects upon the needs of the local community. The majority of tenants have had existing leases in place prior to the present incarnation of the lease term. The Pool Centre for example has been in operation since at lease the 1st of October 2007 that our records have uncovered. The hairdresser and real estate office have occupied the site since at least 2008. Monetary rental rates between tenants within the Helensvale Convenience Centre varies principally due to differences in exposure attributes and also different types of tenants have varying capacity as to the level of rental they can afford depending upon there business activity. For instance, the butcher pays a rent that is higher than the asking rate for the current vacant space.
We have endeavoured to provide rental evidence of similar shopping centres located in residential areas that caters to the shopping needs of the local residents. The rental evidence suggests that shop units with direct or setback road frontage exposure are likely to command rental rates from $340 to $410 psmpa gross. The real estate office, hair salon and Family Barber are inline with this level and consequently have been used as the base for ascertaining the fair rent for other tenancies. Food outlets have been hard hit by the COVID-19 pandamic and many have closed there doors. We believe it will be a process for these premises to be reoccupied and believe a conservative starting point would be $300 psmpa in order to attract suitably capable and experienced operators to begin trading as the economy recovers.
The prime tenancies in the complex together with the real estate office; notwithstanding, based on the current rates for the shops on Lindfield side, we have applied a rental rate of $315 net of outgoings as the current rental expectations would seem to have contributed to the state of vacancies. Re-tenanting the property to 100% capacity, while a challenging task is certainly not unattainable for an experienced, professional and tenacious property manager if coupled with a progressive owner with a long term view for the complex.
The rental evidence also demonstrates that the small convenient stores in similar complex have leased for between $284 and $324 psmpa gross and the rental rate of Spar Express at $315 should be attractive enough we hope to draw a major operator. The rental evidence for medical related premises in local shopping centres supports a rate psmpa between $407 and $492. The rate depends on the size of the premises which in turn relates to the number of consulting rooms and the number of practitioners allowed. Furthermore it is more difficult to find another doctor to practice due to existing centres at 107 Mildura Drive, Sir John Overall Drive and in Westfield Helensvale providing strong competition. A redevelopment of the site towards a specialist centre could result in rates of $400 psmpa gross and above.
We trust this document and our discussion can be of assistance in your considerations towards the purchase of this wonderful complex.

50 Zoeller Drive, Parkwood QLD 4214

Spacious 4 bedroom home with large outdoor entertaining area. The home affords you to relax in your own haven with two living areas both with access to large undercover outdoor patio. Situated in East Parkwood towards the end of the street with no through traffic on an elevated block this home provides privacy and serenity in abundance. The gardens are low maintenance, attractive, and with space to enjoy.

Within the home a large central kitchen with stainless appliances, lots of bench space, and fantastic layout for cooking your meals while still spending time with the family. There is a tremendous amount of cupboard space and the kitchen is well structured into a triangle for ease of use. The formal living area has air conditioning, bay window to the street and sliding door to the outdoor undercover patio with built in bar. The dining / family living is also air conditioned and with tiled floors for easy maintenance and access the outdoor undercover patio via sliding glass door. The three additional bedrooms orbit around the family lounge, along with the laundry and main bathroom.

The large main bedroom with walk in robe and ensuite also has air conditioning and located at one end of the home. 3 other bedrooms 1 air conditioned which suits a study or home office, all with built ins, and second bathroom with separate bath and shower. The laundry is also very functional and has its own exit to the garden. The double garage with remote has direct access to the rear yard also via sliding doors. The home is fitted with solar Panels to reduce your power bills. The block is somewhat elevated from the street in a prime location. Great family friendly neighbourhood with easy access to shops, schools, hospital, CBD and M1. Walking distance to new G-Link Parkwood station.

• 4 bedroom home in family neighbourhood
• Large outdoor entertaining areas
• Large central kitchen with stainless appliances
• Air conditioning to dual lounges, master bedroom and fourth bedroom / office
• Well maintained and cared for family home
• Complete internal and external repaint including roof
• New carpet and Kresta blinds and sheer curtains
• Solar panels provide green electricity and reduce power bills
• Secure parking for 2 cars plus additional off street
• Quiet location without through traffic in East Parkwood
• Well located near shops, schools, parks and golf course

Council rates – $998.85 twice annual
Water rates – $483.45 quarterly
Rental Appraisal – $620 / week

Parkwood east station – 1km
Goodstart Early Leaning – 2.9km
Arundel state school – 3km
Gold Coast University Hospital – 3.1km
Arundel Hills Gold Club – 3.6km
Coombabah State High School – 5km
M1 motorway / Smith Street motorway – 5.3km
Southport State High School – 5.5km
Helensvale Station – 8.6km
Southport CBD – 9km
Pacific Pines State High School – 9.6km
Surfers Paradise – 10.6km
Gold Coast Airport – 40km
Brisbane – 71km

Walk to the tram, bike or bus to Gold Coast Hospital and University. Close to Arundel Shopping Centre, Westfield Shopping and Harbour Town Shopping a short drive, close proximity to The M1 both North and South. Parkwood East G-Link stop is on your doorstep. Heavy rail at Helensvale only 2 stops away. Don’t delay to contact Kris on 0433 777 742 to inspect and make an offer. Owner instructs to sell this home for Christmas!

Please note when this property is open for inspection it is under controlled conditions.

• If you are unwell or have cold and flu like symptoms please do not enter the property
• No more than 10 people (including the agent/s conducting the inspection) are permitted within the property at the same time
• There must be at least 4 square metres of space for each person present in the property
• Social distancing of 1.5m should be observed at all times
• Please refrain from touching or contacting hard surfaces such as door knobs and benchtops

Our first priority is everyone’s safety.

Disclaimer:

We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.