Savvy investors now have the opportunity to own part of CBDRobina’s 16 level landmark commercial tower, The Rocket, with Robina Group announcing it will release the strata-titled holdings in its iconic $110 million building for sale.

With strong investor demand and limited quality investment options for buyers wanting to own premium office space in CBDRobina, Robina Group has made available for sale  35 offices, ranging from 98sqm to 790sqm, and 14 street-level commercial spaces, ranging from 65sqm to 286sqm.

Leased investment opportunities are priced from $500,000.

Robina Group general manager Hylton Slater said the company decided to release The Rocket strata-titled holdings after being consistently approached by prospective purchasers wanting a reliable commercial investment.

“There is a shortage of premium A-grade investment stock in the Gold Coast City market and, at the same time, we’re seeing an increase in interest from buyers,” he said.

Mr Slater said leased investments at The Rocket offered attractive yields and favourable lending conditions made it an appealing proposition.

“The low interest rate environment and the increasing level of construction underway across Gold Coast City has seen more commercial investors come back to the market,” he said.

“Many have been waiting and watching for some time, and the feeling is now is the right time to purchase a commercial investment.

“The opportunity to secure a foothold in an iconic building like The Rocket is rare, particularly a space that is occupied by the calibre of businesses we have here.

“We expect there will be high level of demand for these offices, in-line with the quality interest we’ve been receiving across our portfolio of commercial properties in CBDRobina.

“With a current vacancy rate of just one per cent across the building and a list of long-term secure tenants in place, The Rocket also has a proven track record as a sought-after address for businesses.”

Mr Slater said the low vacancy rate within The Rocket was in-line with low vacancy rates across the wider CBDRobina precinct.

“A recent report by Urbis found CBDRobina had a vacancy rate of just 6.1 per cent, significantly lower than any other Gold Coast City sub-locale and the overall city vacancy rate of 16.7 per cent,” he said.

“That can be attributed to the depth of established commercial, retail, residential and infrastructure development available at the doorstep to support businesses.

“The fact CBDRobina is within a 20 minute drive of 86 per cent of the Gold Coast City population – some half a million people – is another key factor.”

Situated adjacent to Robina Train Station and Bus Interchange, as well as the M1 Motorway, The Rocket is easily accessible from as far north as Brisbane City and as far south as Gold Coast Airport and northern NSW.

Mr Slater said The Rocket offered cutting-edge commercial space, designed to maximise natural light and with north-east views across the city to the Surfers Paradise skyline.

“The building includes a diverse mix of floor configurations to suit both large and smaller operators, meaning there are a range of investment opportunities on offer,” he said.

“It is a smart building on the cutting edge of new technology, with broadband access. It has a 4 Star Green Star Design Rating, with environmentally considerate materials, water harvesting, heat and glare reducing double glazing and energy efficient lighting.”

The Rocket includes four high speed lifts, a high level of security and access control, dedicated basement and street level parking for staff and visitors, shower and locker room facilities and bike racks.

For further information on purchasing at The Rocket, contact Marcus Weld at Robina Marketing Australia on 0414 726 207 or mweld@robina.com.au