Kings of Burleigh

Written on the 11 August 2009

KINGS International College has expanded its land holding on the Gold Coast after paying $4 million for a 12,210 sq m industrial site at Burleigh Heads.

The college is the adult education and training arm of the King’s Group, which was founded in 1980 and incorporates the King’s Christian Centre church and the King’s Christian College.

The college was established in 1996 and has since grown to become one of the leading providers of vocational training in southeast Queensland.

CB Richard Ellis associate director David Corke, negotiated the sale of the 6 Ern Harley Drive site on behalf of US-based audio group Bose. He says the site, one of the largest remaining land parcels in the sought after Burleigh industrial precinct, had attracted strong buyer interest.

“Burleigh is one of the largest established industrial areas on Queensland’s Gold Coast and there is a shortage of available land with main road exposure left to develop in the area,” says Corke.

“The sale represented a unique opportunity for owner occupiers and developers to gain access to one of the larger available sites in this well established precinct.”

The site is significantly underdeveloped, offering one existing building with around 1390 sq m of mostly office space. The site is also within walking distance from the new reedy Creek/Varsity rail station, which is due to be completed in 2010.


Latest News

VITA GROUP POSTS STEADY RESULTS DESPITE ROUGH YEAR

IT'S no secret Vita Group (ASX: VTG) has had a testing year, however the company has still managed to deliver ...

KOGAN BREAKS FORECASTS IN ITS FIRST YEAR OF PUBLICLY LISTED TRADE

RAISING the bar high in its first year as a publicly listed company, Kogan.com (ASX: KGN) has smashed its forecast...

CAMPLIFY MOTORS INTO THE UK MARKET

CARAVAN hire and RV sharing community Camplify has made its move in the European market, establishing its first op...

COCHLEAR R&D INVESTMENT DRIVES NEW PRODUCTS AND BOOSTS PROFIT AND REVENUE

COCHLEAR (ASX: COH) has boosted its 2017 full year net profit by 18 percent to $223.6 million and has forecast furthe...

Related News

WESFARMERS BOOKS BUMPER PROFIT BUT SUPERMARKET WAR HITS COLES' BOTTOM LINE

SUPERMARKET giant Coles has posted its biggest slide in earnings since it was acquired by Wesfarmers (ASX: WES) 10 ye...

ANALYSTS PREDICT WHAT AUSSIE LIVING IS LIKELY TO BECOME IN THE NEXT CENTURY

AS THE Australian population continues to grow, analysts are predicting what the country is likely to look like wi...

SEVEN WEST REPORTS MASSIVE LOSS AND CUTS CEO TIM WORNER'S PAY PACKET BY $450K

SEVEN West Media (ASX: SWM) has posted a full-year loss of $744.3 million and cut CEO Tim Worner's pay packet by ...

HOW MAKING MISTAKES AND PASSION SCORED WEIGHT LOSS PARTNERS A DEAL WITH SHARK TANK'S JANINE ALLIS

THEY partnered up to provide a scientific and targeted approach to dieting, and Kate Save and Geoff Draper cut Sha...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter