84-88 Griffith Street,
Coolangatta, QLD 4225
Shops & Retail • Offices • Other
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Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh StreetSYDNEY, NSW 2000
84-88 Griffith Street
Coolangatta, QLD 4225
Map of 84-88 Griffith Street
Magnificent Beachside Freehold Investment with Future Upside
- New 5 Year Lease to NAB
- Prime for Possible Future Development
- Fixed 3% Rent Increases
Burgess Rawson is pleased to offer to the market 84-88 Griffith Street, Coolangatta QLD for sale via Private Treaty.
The property has the following investment highlights:
+ NAB: New 5 year lease plus options to November 2034
+ Thai Massage: recent 5 + 5 year lease to 2033
+ Positioned in the heart of Coolangatta’s main retail & resort precinct with 15 hotel/resorts within a 400m* radius
+ Promotively located corner site with three street frontages, providing huge exposure
+ Sought after ‘Centre’ Zoning, perfect for future redevelopment (STCA)
+ Fixed 3% rent increases ensuring future income growth
+ Directly across from Woolworths anchored ‘The Strand’ Shopping Centre supported by a dynamic mix of fashion, surf wear, supermarkets, gifts and homeware tenants
+ Only 2.8km* from the Gold Coast International airport with over 6.5 million visitors per annum^^
+ Coolangatta: The Gold Coast’s southernmost city, has become a thriving shopping & holiday location
+ City of Gold Coast: Australia’s sixth largest city with the population forecast to increase from 650,000 to 1 million by 2046^
+ Total Net Income: $226,505 pa* + GST
For Sale by Private Treaty.
Please contact the exclusively appointed Burgess Rawson team for more information.
^ www.goldcoast.qld.gov.au
^^www.goldcoastairport.com.au
*Approx.
The property has the following investment highlights:
+ NAB: New 5 year lease plus options to November 2034
+ Thai Massage: recent 5 + 5 year lease to 2033
+ Positioned in the heart of Coolangatta’s main retail & resort precinct with 15 hotel/resorts within a 400m* radius
+ Promotively located corner site with three street frontages, providing huge exposure
+ Sought after ‘Centre’ Zoning, perfect for future redevelopment (STCA)
+ Fixed 3% rent increases ensuring future income growth
+ Directly across from Woolworths anchored ‘The Strand’ Shopping Centre supported by a dynamic mix of fashion, surf wear, supermarkets, gifts and homeware tenants
+ Only 2.8km* from the Gold Coast International airport with over 6.5 million visitors per annum^^
+ Coolangatta: The Gold Coast’s southernmost city, has become a thriving shopping & holiday location
+ City of Gold Coast: Australia’s sixth largest city with the population forecast to increase from 650,000 to 1 million by 2046^
+ Total Net Income: $226,505 pa* + GST
For Sale by Private Treaty.
Please contact the exclusively appointed Burgess Rawson team for more information.
^ www.goldcoast.qld.gov.au
^^www.goldcoastairport.com.au
*Approx.
Property ID: 504429920Last Updated: 19 Dec 2024
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