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Coolangatta

OFFERS OVER $489,000 - Net Return $31,200p.a

Shop 8/99 Griffith Street

A GRADE INVESTMENT WITH LONG LEASE TO COLD ROCK - NATIONAL BRAND

Investment sale - leased to Cold Rock Ice Creamery

This prime main street shop is securely leased to national brand Cold Rock Ice Creamery. Cold Rock are well established and have been trading from this retail shopfront for over 12 years.

This AAA tenant has just signed a new 5 year + 5 year lease.

INVESTMENT DETAIL
- Net Return $31,200 per annum + GST
- Term 5 + 5 years
- Annual increases
- Tenant pays 100% of outgoings.

FEATURES
- 38sqm net lettable area.
- 44sqm of exclusive use alfresco area.
- Central Griffith Street location in Calypso Resort Retail.
- Located next to 'Sushi Train'
- Excellent surrounding tenancy mix.
- High traffic flow position.

PRICE
Offer over $489,000

For information memorandum and inspection contact exclusive selling agents Towers Francis Property.


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