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Location:

29 , Coolibah Street, SOUTHPORT, QLD

Price:

For Sale by Offers to Purchase

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Freehold Retail Investment Opportunity - 100% Fully Leased

Type: FOR SALE

Property Features
  • Category : Offices, Retail, Showrooms/Bulky Goods
  • Land Area: 2611 Square Metres
  • Building Area: 1560 Square Metres
  • Car Spaces: 41
  • Tenancy: Tenanted

Property Description

Welcome to 29 Coolibah Street, Southport.

* 100% Fully Leased Multi-Tenanted Investment on varying lease terms
* 70%* of the outgoings are recoverable
* 5 tenants across 6 Tenancies with new leases
* NLA 1560m2
* Childcare, food takeaway, consumables and furniture restoration businesses make up the tenants
* A childcare business has always anchored this centre


100% tenanted investment opportunity with a rich history of having the current anchor tenant within the childcare industry for many years, well beyond the last decade. This has proven to be a fantastic location for the child care business and convenience retailers. In addition to the anchor tenant, this centre has adjoining retail tenants - what an amazing investment opportunity as an investor looking for multiple tenancies, not only do you have an anchor tenant in one of the most talked about industries, childcare and early learning you also have the ability to add value and further develop this centre by improving the rental income and potentially down the track a larger 3-4 level mixed use building - so, great future value. This building is ideally suited for tenanting businesses in the medical(GP or Dentist), education, childcare early learning, indoor sports recreation(GYM, yoga or fitness studio) and food beverage industry.

* Approx

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property Agent

Advert Id:85907

Name: Team Lachlan Jared

Phone: 0423 3 ****

Ray White Industrial Gold Coast
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