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Coolangatta

$330,000

Shop 7 / 30 Musgrave Street

RETAIL INVESTMENT IN BEACHFRONT DEVELOPMENT- NET RETURN $19,800p.a

Retail - 47sqm - Net Return $19,800 p.a + GST + Outgoings

Brand new ground floor retail strata shop front in beachfront development has been securely leased for 5 + 5 years.

INVESTMENT DETAIL:
- Net rental $19,800 p.a + GST + Outgoings
- 100% Outgoings paid by tenant ($5900*)
- 4% fixed annual rental reviews
- Security including 2 months bond

FEATURES:
- 47sqm NLA
- 2 Basement carparking spaces on title.
- Excellent depreciation allowances

PRICE:
Asking $330,000 as a going concern.

Call Towers Francis Property for more information on this quality beachfront retail offering.


Features

2

Outgoings $5891
Rental Return $19800 Yearly Actual
New Construction

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