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Colliers - Gold Coast

8/240 Varsity Parade Varsity Lakes, QLD 4227

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8/240 Varsity Parade,
Varsity Lakes, QLD 4227

Shops & Retail

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Colliers - Gold Coast

Colliers - Gold Coast

Level 2 Circle on Cavill, 3184 Surfers Paradise Boulevard
SURFERS PARADISE, QLD 4217
07 5588 02...
Colliers - Gold Coast
8/240 Varsity Parade
Varsity Lakes, QLD 4227

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AUCTION: Popular Café with +5 Year Lease Remaining

  • $46,125 p.a Net Income
  • Lease Term Until Dec 2026 (7 Years)
  • Tenanted By Blackboard Coffee
Colliers 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 +5 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, 2nd September 2021 at 11.00am In-Rooms.
All areas, distances and figures are approximate.

Property ID: 503880574Last Updated: 2 Jun 2023

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Colliers - Gold Coast
Level 2 Circle on Cavill, 3184 Surfers Paradise Boulevard
SURFERS PARADISE, QLD 4217

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