Expert insights Woolworths Burleigh Heads sold for $7.31 million Investing Woolworths Burleigh Heads sold for $7.31 million Woolworths Burleigh Heads sold for $7.31 million

Woolworths Burleigh Heads sold for $7.31 million

Woolworths Burleigh Heads sold for $7.31 million
Jonathan ChancellorDecember 7, 2020

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 is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
Tags:
Retail Property
Commercial Sale

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