$2.9 million commercial land sale in CBD Robina
Robina Group has secured the $2.9 million sale of a 2,621 sqm site purchased by M-Space QLD.
They have plans to deliver a new office and medical facility in CBD Robina.
The site, located at 18 Campus Crescent, was sold by Colliers International’s Special Projects Director Geoff Lamb to Brisbane-based developer M-Space QLD.
M-Space envisage a strata-titled commercial project offering 3,037 sqm of net lettable area over three floors with internal lift access to all floors, 106 onsite car parks and a basement.
He said the building, to be called Vicinity Robina, is due to be completed in the second quarter of 2020.
"The site was appealing because it is surrounded by Robina Public Hospital, Robina Private Hospital, and a variety of specialist medical amenities, so it's really an ideal fit," said Mr Jackson.
“Plans are for this to be a very versatile strata space and the building will have varied uses with space for showrooms and large or small offices.
“We have already had a very strong level of interest from owner-occupiers of various sizes from 65 sqm offices to 1200 sqm users who would take up an entire floor,” he added.
Robina Group’s Development Manager Darrell Irwin said CBD Robina had now established itself as a medical and health epicenter on the Gold Coast.
“This sale is yet another piece in the Robina masterplan adding to the CBD Robina health and medical precinct,” he said.
"The site is adjacent to Queensland Health’s Robina Health Precinct and Primary Health Care recently opened its flagship multi-disciplinary Primary Medical Centre, just 100 metres away.
The project will be available for lease and strata sale, and comprises five ground floor units suitable for office or medical purposes, along with a café opportunity, and a second and third floor, with suites from 65sqm to 225sqm.
The building design incorporates a high percentage of suites in the sub 100sqm size range to capture the active small to medium business enterprises in the Gold Coast market who prefer to be owner-occupiers to manage their occupancy costs.