Location:

1/1920 , Gold Coast Highway, MIAMI, QLD

Price:

$980,000

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Triple Net Lease-Investment in Miami on Gold Coast Highway

Type: FOR SALE

Property Features
  • Category : Retail
  • Land Area:508 Square Metres
  • Building Area: 91
  • Tenancy: Tenanted

Property Description
* 91*m2 retail unit with triple net lease to Caffeine Kings
* 4% annual increases
* Tenant responsible for all outgoings
* Strata-titled lots (options to purchase other individual lots or entire holding with 1 owner currently)
* Prime position, tightly held area and possed for growth.

The building was built approximately 14 years ago, low maintenance type build, suspended concrete slab, with almost no property landscaping upkeep.

Situated amongst this strip of retail shops this is a fantastic proven tenant.

Mixed-use commercial and residential, only a stone's throw from the beach. Situated on one of the busiest roads of the Gold Coast. This is an absolute gem. With secure and proven tenants this property is a must to add to your growing property portfolio.

Massive growing corridor for housing redevelopment and the future development of Highrises. Whether that be a highrise or duplex sites the capital growth in this area is projected to take off over the coming years as the light right moves further South to Burleigh Heads and development trends are moving South from Broadbeach, it's best to get in now!

Enquire online for an IM or alternatively give Ryan Langham a call.

*approx

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, advice 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:76939

Name:Ryan Langham

Phone: 042058****

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