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11/42 The Esplanade Surfers Paradise, QLD 4217

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11/42 The Esplanade,
Surfers Paradise, QLD 4217

Shops & Retail

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$950,000

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Floor area

Car spaces

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Map of 11/42 The Esplanade

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Ground Floor Retail Opportunity

Currently leased at $70,565 per annum, this investment opportunity offers a chance to secure a prime location shop right opposite the Surfers Paradise Beach with plenty of passing foot and car traffic. Body Corporate approximately $9054, Rates $5867, Water $1200. Net return $54,444 per annum. The lease matures 30/9/2025 and the tenant has a 5 year option to extend. Great returns. One basement carpark included.

Property ID: 503793738Last Updated: 30 Jul 2021

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11/42 The Esplanade
Surfers Paradise, QLD 4217
Professionals - Southport
204/2 Nerang Street
SOUTHPORT, QLD 4215

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