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Location:

6/110 , Kortum Drive, BURLEIGH HEADS, QLD

Price:

AUCTION

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10-year Retail Investment In Burleigh Heads

Type: FOR SALE

Auction Date: Friday 27th of March 2020 10:30:00 AM

Property Features
  • Category : Retail, Showrooms/Bulky Goods
  • Land Area: 600 Square Metres
  • Building Area: 600 Square Metres
  • Tenancy: Tenanted

Property Description

Ray White Commercial (QLD) are pleased to exclusively offer 6/110 Kortum Drive, Burleigh Heads for sale by way of Auction. This Auction is being marketed within the Ray White National Auction Week and will be held on Level 26, 111 Eagle Street, Brisbane QLD on Friday 27th March 2020 at 10.30am (AEST).

Highlights include:

bull; National Tenant 99-Bikes (With Guarantor from ASX listed Flight Centre Australia)
bull; 10 year lease to 2029 + 7 year option
bull; Large Format Retail - Two-Levels combining 600sqm
bull; High-Profile Location with Double-Road exposure to over 44,000^ cars per day
bull; Foot-traffic from other National Tenants Carpet Call, Godfreys, Rebel Battery World
bull; Net income of $96,532* pa

^Sitewiseley
*Approximately

Property Agent

Advert Id:83805

Name: Michael Feltoe

Phone: 0447 7 ****

Ray White Commercial Queensland
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