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1/15 East Coast Road Point Lookout, QLD 4183

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1/15 East Coast Road,
Point Lookout, QLD 4183

Shops & Retail

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$515,000

Key property information

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Tenure type

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Map of 1/15 East Coast Road

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Entry Level Beachfront Investment

  • Fantastic return
  • Outgoings paid by tenant
  • 4% annual increases
Ray White Commercial Bayside are pleased to exclusively offer for Sale Shop 1, 15 East Coast Road (6/15-17 Mooloomba Road), Point Lookout on Stradbroke Island.

Key Investment Attributes:

- Long term tenant, lease expiring on 18/09/2023 with two further 5 year options
- 69sqm* tenancy plus al-fresco dining area
- Guaranteed income growth with 4% annual increases
- Tenant pays for all outgoings including management fees
- Secure income underpinned by 3-month security bond and personal guarantees
- Ideally positioned in high traffic tourism precinct
- Net income from $42,109.82 plus GST per annum

FOR SALE - $515,000 (GOING CONCERN)
*Approximately

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Property ID: 503699590Last Updated: 11 Feb 2021

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1/15 East Coast Road
Point Lookout, QLD 4183
RWC - Bayside
1/76 Old Cleveland Road
CAPALABA, QLD 4157

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