1 & 2/41 Musgrave Avenue,
Labrador, QLD 4215
Shops & Retail • Offices
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Sold
$1,150,000
Key property information
Land area
Floor area
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RWC - Gold Coast
Level 2, 50 Cavill AvenueSURFERS PARADISE, QLD 4217
04384511...
1 & 2/41 Musgrave Avenue
Labrador, QLD 4215
Map
5 x 5 YR LEASE TO CHIRN PARK's DAARK ESPRESSO - STRONG NEIGHBOURHOOD INVESTMENT
On behalf of the vendor, Jackson Rameau from Ray White Commercial Gold Coast, has exclusive privilege to present this strong neighbourhood investment.
The combined lots 1 & 2/41 Musgrave Avenue, Labrador, QLD, 4215 is located within the tightly held neighbourhood of Chirn Park which has attracted serious in the last 3-5 years. This property is leased to Daark Espresso who have been operating from the premises for the past 5 years. The existing tenant has amended their lease to another 5 x 5 year lease in place, this a total remaining term of just under 10 years until the final expiry of the 30th of April 2031.
The property has the following key attributes;
- 5 x 5 year lease to Daark Espresso (5% increases)
- Net income of $57,000*p.a. + GST + Outgoings
- Total NLA is 93m2* (Lot 1 39m2* & Lot 2 54m2*)
- Shared complex car parking facility directly beside the premises
For an inspection or any further information, please contact the exclusive marketing agent Jackson Rameau on 0438 451 1....
The combined lots 1 & 2/41 Musgrave Avenue, Labrador, QLD, 4215 is located within the tightly held neighbourhood of Chirn Park which has attracted serious in the last 3-5 years. This property is leased to Daark Espresso who have been operating from the premises for the past 5 years. The existing tenant has amended their lease to another 5 x 5 year lease in place, this a total remaining term of just under 10 years until the final expiry of the 30th of April 2031.
The property has the following key attributes;
- 5 x 5 year lease to Daark Espresso (5% increases)
- Net income of $57,000*p.a. + GST + Outgoings
- Total NLA is 93m2* (Lot 1 39m2* & Lot 2 54m2*)
- Shared complex car parking facility directly beside the premises
For an inspection or any further information, please contact the exclusive marketing agent Jackson Rameau on 0438 451 1....
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Property ID: 503915446Last Updated: 10 Jan 2022
RWC - Gold CoastLevel 2, 50 Cavill Avenue
SURFERS PARADISE, QLD 4217
SURFERS PARADISE, QLD 4217
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