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Colliers - Gold Coast

Aqua On The Broadwater Shop 14, 300 Marine Parade Labrador, QLD 4215

Aqua On The Broadwater Shop 14, 300 Marine Parade,
Labrador, QLD 4215

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Colliers - Gold Coast

Colliers - Gold Coast

Level 2 Circle on Cavill, 3184 Surfers Paradise Boulevard
SURFERS PARADISE, QLD 4217
Colliers - Gold Coast
Aqua On The Broadwater Shop 14, 300 Marine Parade
Labrador, QLD 4215

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Investment Property - Greek Street Grill, Labrador

  • Current Net Passing Income: $41,230 p.a*
  • 2 Year Term, 3 + 3 Year Options
  • Must Be Sold At Or Before Auction
Colliers International are excited to present an opportunity to acquire a waterfront investment property featuring Greek Street Grill (Greek Restaurant/Takeaway) within 'Aqua On The Broadwater'. The venue is within a retail precinct surrounded by dining and lifestyle tenants and is at the base of a prestigious residential tower.

The investment consists of one tenancy (Lot 14) of 58sqm* plus an additional 10sqm* of exclusive external alfresco.
Greek Street Grill currently generates the investment a passing net income of $41,230 p.a* and is on a 2-year lease term, followed by 2 sets of 3 year options.

Investment Highlights:

• Waterfront Investment Property
• Current Passing Net Income of $41,230 p.a*
• 58sqm* of NLA with 10sqm* external alfresco
• Items of Inventory/Fit out remains for purchaser
• 2 year initial term, 2 sets of 3 year options following
• Located 4.4km north of the Gold Coast CBD

If you would like a copy of the Information Memorandum or have any questions, please contact the exclusive marketing agent Ryan Chandler.

Lot 14, 300 Marine Parade, Labrador is for sale via public auction on Thursday 10 December 2020 (11.00am In Rooms) if not sold prior. Offers can be presented prior to auction, seller is motivated.

*All areas, distances and figures are approximate only.

Property ID: 503691082Last Updated: 2 Jun 2023

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Colliers - Gold Coast
Level 2 Circle on Cavill, 3184 Surfers Paradise Boulevard
SURFERS PARADISE, QLD 4217
Colliers International - Gold Coast
33 Lakefront Crescent
VARSITY LAKES, QLD 4227

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