Bank on 6.25% Net Return – Beach Side Retail
Type: FOR SALE
- Category :
- Building Area: 70
- Tenancy: Tenanted
Situated within the heart of Ramsgate Beach shopping precinct is this ground floor 70m² retail shop. The property is currently occupied by St. George Bank and leased until October 2019 plus two x 5 years options.
* 70m² retail shop
* Air-conditioning throughout
* Kitchenette facility
* Shared toilet amenities
* Signage allocation on the building façade
* Ample on-site parking
* A thriving precinct providing a diverse range of retail and commercial enterprises
* Current rental of $60,971.34 pa Net + GST approx (tenant pays outgoings)
Ramsgate Beach Plaza provides a combination of food users, retail and professional office suites with brands including IGA, TAB, Plus Fitness 24/7 along with many other great businesses.
To find out more information regarding this exciting opportunity in Ramsgate Beach, please contact Hayden Bennett on 0477 665 455 or Damen Astey on 0431 817 616.