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36 Kortum Drive Burleigh Heads, QLD 4220

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36 Kortum Drive,
Burleigh Heads, QLD 4220

Shops & Retail • Showrooms & Large Format Retail

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SOLD! Secure Investment with New Leases Prime Gold Coast Position

New 7 year lease to Fantastic Furniture (84% of income) commenced 16 Dec 2013 + 2 x 5 year options
Lessee - Fantastic Holdings, ASX listed with 134 stores, 1,500 employees & sales of $456 million
New 5 year lease to Queensland Massage School commenced 1 Jan 2014 + 2 x 2 year options – at this building over 16 years
Opposite Stockland Shopping Centre & Bunnings
Large 6,978 sqm site
Substantial 4220 sqm building refurbished 2013, circa $1.5 m
Net Income: $743,704 pa + GST

Property ID: 501012955Last Updated: 2 May 2016

04122444...
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36 Kortum Drive
Burleigh Heads, QLD 4220
Kelly & Co Property - Brisbane
Level 12, 324 Queen Street
BRISBANE CITY, QLD 4000

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