15,16 &17 / 120 Marine Parade,
Coolangatta, QLD 4225
Shops & Retail • Offices • Medical & Consulting
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Map of 15,16 &17 / 120 Marine Parade
PRIME COOLANGATTA RETAIL INVESTMENT - 7.8% Net Return
This offering presents an excellent opportunity for an astute investor to acquire a high quality retail investment with attractive return on investment.
This property is currently leased by secure long term tenant who operates a well established high end real estate agency and popular home wares and clothing store.
FEATURES:
- 3 Strata retail shops currently configured into one large shop of 101sqm
- Prime location in the heart of Coolangatta Retail Precinct
- Secure lease to proven tenant.
- Located on the ground floor of Coolangatta's premier building Reflections Towers 2 complex
- East asset management
INVESTMENT DETAIL:
- 5 year lease + 2 year option
- Long term tenant has occupied space for 6 years with excellent track record.
- Gross rental $83,524 P.A + GST
- Yearly Outgoings (paid by lessor) $37,647 P.A
- Net return to owner = $45,877 p.a + GST
PRICE:
$585,000 as a going concern
For information memorandum on this quality investment contact exclusive selling agents Towers Francis Property.
This property is currently leased by secure long term tenant who operates a well established high end real estate agency and popular home wares and clothing store.
FEATURES:
- 3 Strata retail shops currently configured into one large shop of 101sqm
- Prime location in the heart of Coolangatta Retail Precinct
- Secure lease to proven tenant.
- Located on the ground floor of Coolangatta's premier building Reflections Towers 2 complex
- East asset management
INVESTMENT DETAIL:
- 5 year lease + 2 year option
- Long term tenant has occupied space for 6 years with excellent track record.
- Gross rental $83,524 P.A + GST
- Yearly Outgoings (paid by lessor) $37,647 P.A
- Net return to owner = $45,877 p.a + GST
PRICE:
$585,000 as a going concern
For information memorandum on this quality investment contact exclusive selling agents Towers Francis Property.
Property ID: 501894258Last Updated: 19 Jun 2017
15,16 &17 / 120 Marine Parade
Coolangatta, QLD 4225
Towers Francis Property - TWEED HEADS SOUTHSuite 2B Tweed Office Park, 24-28 Corporation Ct
TWEED HEADS SOUTH, NSW 2486
TWEED HEADS SOUTH, NSW 2486
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