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Location:

Shop 7/110 , Marine Parade, COOLANGATTA, QLD

Price:

UNDER CONTRACT CONTACT TOWERS FRANCIS PROPERTY

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Prime Beach Front Investment

Type: FOR SALE

Auction Date: Thursday 27th of February 2020 11:00:00 AM

Property Features
  • Category : Retail
  • Building Area: 171

Property Description

INVESTMENT DETAIL:

- 5 year lease to 2022 + Option 2027.
- Raw Energy in occupation since 2008.
- Valuable 4% annual increases.
- Strong Chain of 10 health food cafes in holiday locations.
- Total area 55sqm internal plus 116sqm exclusive use alfresco.
- Net income $88,337 per annum + GST.

FEATURES:

- 100% prime Gold Coast Beach front location.
- Ground floor of Reflections a nationally famous holiday apartment complex.
- Surrounding tenancy mix includes Mcdonalds, Coffee Club, Baskin Robbins, Rip Curl, BWS & Other iconic brands.
- Established residential base and tourism hot spot.
- Easily Managed single tenant investment.

UNDER CONTRACT - CONTACT TOWERS FRANCIS PROPERTY

For information memorandum contact exclusive Co-agents Towers Francis Property and Burgess Rawson Sydney.

Property Agent

Advert Id:82644

Name: Chris Towers

Phone: 07 552 ****

Towers Francis Property
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