Woolworths Burleigh Heads sold for $7.31 million

Woolworths Burleigh Heads sold for $7.31 million
Woolworths Burleigh Heads sold for $7.31 million

The Woolworths supermarket in Burleigh Heads on Queensland's Gold Coast has been sold for $7,315,000 on a yield of 5.4%.

It was offered through Burgess Rawson aucton by Karin Gordon, the wife of former Gold Coast developer Tim Gordon.

It was bought by a Melbourne-based private investor with the underbidder from Sydney.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

Tags: 
Retail Property Commercial Sale

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