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37 Beryl Street Tweed Heads, NSW 2485

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37 Beryl Street,
Tweed Heads, NSW 2485

Shops & Retail • Offices • Medical & Consulting

Price information

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$650,000

Key property information

Land area

Floor area

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Map of 37 Beryl Street

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BLUE CHIP TENANT WITH A MIN 8.5% + NETT RETURN

Superb opportunity to diversify & or add to your investment portfolio with this stylish ' Queenslander
' commercial residence fully modernised and leased to Tweed Coast Dental for in excess of $53,000 Per Annum.

KEY FEATURES :

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Beautifully restored main residence with stain glass windows & ornate fretwork
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All health requirements associated with the fit out for the tenancy
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Fully air-conditioned
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Extensive under house & lockable storage areas
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Rear car park to accommodate approximately
8-10 vehicles

TENANCY PARTICULARS :

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Dental Advantage Consulting Group Pty Ltd : T/A Tweed Coast Dental
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Lease commenced 1st April 2011 & expiring on 31/3/2016
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Current base rental $53,634.54 PA + GST + Outgoings
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All outgoings payable by the tenant
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Options to renew for 2 x 5yr terms ( 2016-2021 + 2021-2026 )
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Annual rental reviews CPI ( market rent at year 1 of each option )

PROPERTY PARTICULARS :
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Land Area: 594.40 SQM ( Dimensions: 15.09m X40.23m )
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Zoned (3b ) general business , right for multi dwelling residential

LOCATION :

Beryl Street is a strong residential area slowly becoming a magnet for professional & medical practitioners alike.

It is moments to Coolangatta / Tweed & virtually opposite the popular Greenbank district , which is home to Jack Evans Boat Harbour , Twin Towns, Council office , Tweed Bowls & the Tweed Hospital , all just a mere 500m as the crow fly's.

In addition, Coolangatta Airport & Southern Cross University are both within (5) minutes with John Flynn Hospital another (5) minutes to the North.

Popular beaches at D-bah , Snapper , Rainbow , Greenmount & Kirra are all within a few minutes.


AGENTS COMMENTS :
This terrific property is a ' bite sized ' commercial investment with an A-Grade tenant in place returning over $53,000 NETT !!

Whether you are passive property investor , seasoned Commercial guru or hunting something positive for your Super Fund , this property is a perfect choice.


INTEREST AROUND $600K

Call David Stringer

Additional information

Property ID: 500954839Last Updated: 19 Jan 2016

04181507...
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37 Beryl Street
Tweed Heads, NSW 2485

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