8/240 Varsity Parade,
Varsity Lakes, QLD 4227

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Colliers International - Gold Coast

Corner of Laver and Investigator Drive
ROBINA, QLD 4226

8/240 Varsity Parade

Varsity Lakes, QLD 4227

Map of 8/240 Varsity Parade

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AUCTION: Popular Café with Brand-New 7 Year Lease

$45,000 p.a Net Income
Lease Term Until Dec 2026 (7 Years)
Tenanted By Blackboard Coffee

Colliers International are excited to present the opportunity of acquiring a high profile, ground floor café that must be sold before or at Auction. Shop 8, 240 Varsity Parade, Varsity Lakes is a 92sqm café which has 7 years remaining on their initial lease term, followed by another 2 x 7 year options. Offered to the market as an income producing investment, this will suit both new and experienced investors.
The property is located within the lifestyle precinct of Varsity Lakes, only 650m away from the highly acclaimed Bond University (4,500 enrolled students in 2019). The suburb is also highly accessible for all commuters via direct highway access, train station/bus networks and it is only 20km (17-minute drive) away from Gold Coast Airport.
Investment Highlights:
• Popular café with strong following
• Great value for money investment
• Located in the Varsity Lakes lifestyle precinct
* Highly motivated seller

For Sale via Auction, 9th April 2020 at 11.00am In-Rooms.
All areas, distances and figures are approximate.

*Approximate

Property ID: 503497986Last Updated: 2 Jun 2023

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Colliers International - Gold Coast

Corner of Laver and Investigator Drive
ROBINA, QLD 4226