FREEHOLD RETAIL INVESTMENT - HIGHEST OFFER WILL BUY!
Retail investment 100% occupancy
Quality freehold investments like this are rarely offered to the public market for sale in this tightly held Coolangatta precinct.
This prime retail investment wont last long!
This freehold retail building is 100% leased to (3) three A grade tenants:
- UBET national brand owned by Tatts Group ltd (Publicly listed).
- National brand Noodle Box
- Franchise group Greenhouse Canteen and Bar.
- Gross income $223,297+ GST*
- Net income circa $193,000*
- Long term leases to quality covernants
- Annual rental reviews
- W.A.L.E 3.5 years*
- Land Area 574sqm*
- NLA 300sqm* + alfresco areas
- Two street frontages
- Excellent development allowances with uninterrupted ocean view corridors.
- Zoned Centre under Gold City Coast Council LEP
- 4 parking spaces and access from rear.
Contact Exclusive selling agents for price guide.
Exclusive selling agents Towers Francis Property.