We are pleased to offer to the market this exceptional retail investment opportunity – Lot 17 and 50 of 2 Eighth Avenue Palm Beach, Gold Coast.

Located in 'Eighth Avenue Plaza' with a vast mix of other popular retail shops, restaurants and professional offices, is where you will find these two properties selling together in one line. Currently occupied by the Salvation Army for more than 15-20 years these properties offer the savvy purchaser an exciting investment opportunity.

- NLA 165sqm across two retail spaces
- Ground floor, single level with wide street frontage
- 100% leased with quality tenant in place
- Annual net income of $63,798 pa*
- Outgoings paid by the tenant
- Internal bathroom, glass shop front and rear car park access
- Excellent street parking and passing traffic exposure
- Prime position in Palm Beach CBD
- Easy access to the M1 motorway, and on the corner of the Gold Coast Highway

These properties provide flexible options and opportunities for the future such as dual income or potentially use one lot and lease the other.

An increase in population density and growth in holiday accommodation, plus an uplift in both services and food-related offerings has significantly benefited the Palm Beach market. Palm Beach has fast become one of the most popular beachside suburbs on the southern Gold Coast. Its prominent coastal position with the Gold Coast Highway running almost through the center provides extremely high profile; Palm Beach is only 1 hour North to Brisbane and 15 minutes to the Gold Coast Airport.

For more information please contact Tara Imlach 0452 418 343 from LJ Hooker Commercial Palm Beach.

*approximately

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