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Units 20 & 21, 9 Beach Road Surfers Paradise, QLD 4217

Units 20 & 21, 9 Beach Road,
Surfers Paradise, QLD 4217

Shops & Retail • Offices • Medical & Consulting

Price information

Sale

Motivated Vendor - POA

Key property information

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$36,620
Number of Tenants
2 Tenants

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Directions

100% Leased, Affordable Investment Opportunity, Surfers Paradise CBD

  • Total Lettable Area: 134m²
  • Net Income: $37,369 p.a*
  • Opposite 1,600 car council carpark
Colliers are pleased to present for sale Unit 20 & 21/9 Beach Road, Surfers Paradise, consisting of two ground floor strata units, positioned within a popular arcade to the core of the Surfers Paradise Tourism & Corporate Hub.

Rarely do affordable, fully leased, entry-level investments such as this opportunity become available within the Surfers Paradise CBD, one of the Gold Coast's most tightly held precincts. Both tenants have been operating on the Gold Coast for 10+ years, with the Hair Salon recently expanding to a second store.

- Total Lettable Area: 134m²
- Exclusive basement tandem car park.
- Combined Net Income: $37,369 p.a.* (financial summary available upon request)
- Well positioned within a busy thoroughfare retail arcade that fronts Cavill Avenue and Beach Road.
- Positioned adjacent to Subway plus other drawcard businesses.
- Directly opposite major 1,600 car council car park.
- Central Surfers Paradise retail location close to light rail

Unit 20:
- Leased to Sea Education (tenant since 2011*)
- Lettable Area: 38m²*
- Current Rent: $25,200* + GST p.a. (Gross lease)

Unit 21:
- Leased to Kausie Hair Salon (operating for over 10 years in Southport)
- Lettable Area: 96m²*
- Private bathroom
- Current Rent: $30,900* + GST + Outgoings p.a. (Net lease)
- Owner spent approx. $100k* on fit out to Hair Salon.

*All figures are approximate in nature

Contact the exclusive agent, Hunter Grady +61 418 740 7... for more information.

Property ID: 504575684Last Updated: 15 Oct 2024

0418 740 7...
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Units 20 & 21, 9 Beach Road
Surfers Paradise, QLD 4217
Colliers - Gold Coast
Level 2 Circle on Cavill, 3184 Surfers Paradise Boulevard
SURFERS PARADISE, QLD 4217

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