84-88 Griffith Street,
Coolangatta, QLD 4225
Shops & Retail • Offices
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Map of 84-88 Griffith Street
100% LEASED FREEHOLD INVESTMENT ANCHORED BY NAB
This prime corner freehold investment will show 8% net return at the asking price.
Longstanding National Australia Bank (NAB) have been in occupation of this landmark corner building in the heart of Coolangatta CBD for over a decade.
INVESTMENT DETAIL:
- Two tenants (NAB & Massage Therapist)
- NAB occupy 364sqm
- Massage Therapist occupy 78sqm
- Annual fixed rent reviews
- Outgoings paid by tenants.
- Net return 8% @ $3.25M
FEATURES:
- High exposed corner building with 3 street frontages
- Strategic location in the Centre of Coolangatta CBD
- Adjacent to abundant public car park.
- Retail banking chamber & ATM, and brand new lease to massage therapist with quality fit out.
- Single level retail building with 442sqm NLA
- Zoned Centre under Gold Coast LEP which allows for a wide range of retail and commercial uses.
PRICE:
$3,250,000 as a going concern reflecting 8% net return
Contact exclusive selling agents for full information memorandum.
Longstanding National Australia Bank (NAB) have been in occupation of this landmark corner building in the heart of Coolangatta CBD for over a decade.
INVESTMENT DETAIL:
- Two tenants (NAB & Massage Therapist)
- NAB occupy 364sqm
- Massage Therapist occupy 78sqm
- Annual fixed rent reviews
- Outgoings paid by tenants.
- Net return 8% @ $3.25M
FEATURES:
- High exposed corner building with 3 street frontages
- Strategic location in the Centre of Coolangatta CBD
- Adjacent to abundant public car park.
- Retail banking chamber & ATM, and brand new lease to massage therapist with quality fit out.
- Single level retail building with 442sqm NLA
- Zoned Centre under Gold Coast LEP which allows for a wide range of retail and commercial uses.
PRICE:
$3,250,000 as a going concern reflecting 8% net return
Contact exclusive selling agents for full information memorandum.
Property ID: 502428694Last Updated: 5 Oct 2017
84-88 Griffith Street
Coolangatta, QLD 4225
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