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1/14 Philippine Parade Palm Beach, QLD 4221

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1/14 Philippine Parade,
Palm Beach, QLD 4221

Shops & Retail

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SECURE RENTAL INCOME ON A FIVE YEAR LEASE - UNDER CONTRACT

  • PALM BEACH RETAIL INVESTMENT
The subject offering comprises 150sqm* of ground floor retail space currently occupied by Lakeside Convenience, a well-established local supermarket which has serviced the local community in excess of 30 years. Features include:

Net income $58,203.64* p.a.

Five year lease expiring August 2021 with options to 2027

Experienced convenience store/ supermarket operator

Ample on-street parking

Desirable southern Gold Coast, Palm Beach location

Unit 1, 14 Philippine Parade, Palm Beach is being offered For Sale via an on-site Auction 11:00am Thursday 20 October 2016.

For a comprehensive Information Memorandum please contact the exclusive agents on the links above.

*Approx

Property ID: 502117730Last Updated: 21 Aug 2020

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1/14 Philippine Parade
Palm Beach, QLD 4221
CBRE - Gold Coast
Level 18, 50 Cavill Avenue
SURFERS PARADISE, QLD 4217

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