Location:

29 , Coolibah Street, SOUTHPORT, QLD

Price:

Auction, 5th July 2019 at 10:30am

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UNDER INSTRUCTIONS FROM TRUSTEE TO SELL - New Leases 100% Tenanted Neighbourhood Shopping Centre - Gold Coast

Type: FOR SALE

Auction Date: Friday 5th of July 2019 10:30:00 AM

Property Features
  • Category : Retail, Other
  • Land Area:2611 Square Metres
  • Building Area: 1560
  • Car Spaces: 41
  • Tenancy: Tenanted

Property Description
Welcome to 29 Coolibah Street, Southport.

* $284,192.36*pa rental income
* 75%* of the outgoings are recoverable
* Brand New Lease with anchored Childcare Early Learning Centre
* 5 tenants across 6 Tenancies with new leases
* NLA 1560m2


100% tenanted investment opportunity with a rich history of having an anchor tenant within the childcare industry for many years, well beyond the last decade. This has proven to be a fantastic location for this business. 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, child care and early learning (with government subsidies), 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 right here. 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

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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:72797

Name:Ryan Langham

Phone: 042058****

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