2 Nerang Street,
Southport, QLD 4215

An opportunity has risen for an investor to purchase this well positioned and presented restaurant which includes the full fit out including a $290,000 kitchen.

The property is leased to a well respected restaurateur for $83,200 per annum nett. All outgoings are paid by the tenant. Located in the Southport Mall near Australia Fair Shopping Centre with excellent walk by traffic.

Leased on 5 + 3 year lease
Commencement date 10th October 2010
annual Increases of 5%
Current rental $83,200 pa
Full fit-out cost $290,000 which is owned by the land lord
Alfresco area + double car parking
Heaps of visitor car parking under building
The owner is going through a divorce and we are advised that this needs to be sold.
Reduced from $1,500,000 to $1,100,000

Contact Jamie Bourke 0417 077 277