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15-17 Park Avenue Burleigh Heads, QLD 4220

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15-17 Park Avenue,
Burleigh Heads, QLD 4220

Shops & Retail

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$7,315,000

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Map of 15-17 Park Avenue

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New Freestanding Supermarket Investment. 15 Year Woolworths Lease From March 2014.

Woolworths Ltd. lease to March 2029 plus options 2044.
"As new" freestanding store built 2013/14.
Tightly held Gold Coast hotspot with high occupancy.
AAA tenant, one of Australia's most successful retailers.
Accessible from both Park Avenue and James Street.
On site parking and adjacent to council carpark.
Thriving upmarket retail precinct adjacent to beach.
Gold coast population projected to increase from 507,642 to 798,417 by 2031, home to 2018 Commonwealth Games.
Annual CPI rental increases.
Significant tax depreciation benefits.
Net Income: $397,500 pa + GST.

Auction 11am AEST Monday 21 September
Sofitel Wentworth Hotel, Sydney

Simon Staddon 0413 640 851
Pat Kelly 0412 244 456
Jamie Dewe 0410 350 273

Property ID: 501668301Last Updated: 16 Nov 2015

02 9232 62...
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15-17 Park Avenue
Burleigh Heads, QLD 4220
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000

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