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87 Griffith Street, Coolangatta, QLD 4225

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87 Griffith Street,,
Coolangatta, QLD 4225

Shops & Retail

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Map of 87 Griffith Street,

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MAIN STREET RETAIL INVESTMENT

This retail investment is located with CBD positioning in the 'Coolangatta Arcade' directly opposite the 'Strand Shopping Centre'.

This property is being offered to the market for sale with a long standing tenant in place who has recently renewed a 3 year lease.

INVESTMENT DETAIL:
- Net return $46,000 per annum
- 3 + 3 years.
- Annual increases adjusted to CPI.

FEATURES:
- 92sqm
- Large glass shopfront.
- Excellent surrounding tenancy mix.
- Located in busy 'Coolangatta Arcade'.
- Abundant roof top parking.

PRICE:
$640,000 representing a 7.25% net return on investment.

For more information contact exclusive marketing agents Towers Francis Property.

Property ID: 503046826Last Updated: 11 Jun 2019

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87 Griffith Street,
Coolangatta, QLD 4225
Towers Francis Property - TWEED HEADS SOUTH
Suite 2B Tweed Office Park, 24-28 Corporation Ct
TWEED HEADS SOUTH, NSW 2486
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