Location:

PALM BEACH, QLD

Price:

FULLY LEASED INVESTMENTS - YIELDS 6.5% - 7%

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MULTIPLE TWEED COAST INVESTMENTS FOR SALE

Type: FOR SALE

Property Features
  • Category : Retail
  • Building Area: 67

Property Description
The vendor is offering 4 fully leased investments for genuine sale, being sold individually. All with long term leases and attractive fixed reviews.

These investments are located in the thriving beach side town Cabarita. Cabarita and surrounding areas have seen aggressive development over the past 10 years, with large housing sub divisions and unit developments which has placed a high demand on the retail and services. This town has become a desirous place for local residents and tourist alike for its quirky beach side manor and quality retail food and restaurant options.

INVESTMENTS:

Shop 6 - Thai Restaurant - 5 + 5 years - Net return $24,630 per annum
Shops 8 & 10 - Medical Centre - 3 + 3 + 3 years - Net Return $56,000 per annum
Shops 9 - Cafe - 3 + 3 - Net Return $18,000 per annum
Shop 11 & 12 - Yoga & Skate - Net Return - $25,000 per annum

All investments have fixed % reviews.

FEATURES:

- Prime frontage to ' Tweed Coast Road'.
- Complex recently completely refurbished including full paint and common area make over.
- 37 Parking spaces for exclusive use of the commercial tenants.
- Tenants secured on long term leases at market rates.
- Located in Ace Plaza, mixed use building consisting of 7 commercial lots and 5 residential units.

PRICE:

Investments being offered at yields of 6.5% to 7%.

MORE INFORMATION:

For information memorandum on any of these investments, contact Towers Francis Property today, these investments wont last long.

Property Agent

Advert Id:66310

Name:Chris Towers

Phone: 07 552****

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