Bel Air On Broadbeach, 5/2623-2633 Gold Coast Highway,
Broadbeach, QLD 4218

Shops & Retail

Price information

Sold

$610,000

Key property information

Floor area

Car spaces

Parking info

Property extent

Tenure type

Sold on

Colliers - Gold Coast

Level 2 Circle on Cavill, 3184 Surfers Paradise Boulevard
SURFERS PARADISE, QLD 4217

Bel Air On Broadbeach, 5/2623-2633 Gold Coast Highway

Broadbeach, QLD 4218

Map of Bel Air On Broadbeach, 5/2623-2633 Gold Coast Highway

Directions

Must be Sold: 7.7% Yield, 4 Year Lease

For Sale $610,000
$47,000 p.a Net Income
4 Year W.A.L.E

Colliers International are excited to present the opportunity of acquiring a high profile, ground floor café that must be sold at Auction. Shop 5 in ‘Bel Air On Broadbeach’ is an 89sqm café which has 4 years remaining on their initial lease term, followed by a 4 year option. Offered to the market as an income producing investment, this will suit both new and experienced investors.

Bel Air On Broadbeach (approximately 600m from the beach) is in Broadbeach's retail precinct and generates exposure to both local residents and tourists. The cafés' location gets 34,000 daily vehicles passing as it is positioned on the Gold Coast Highway directly opposite Broadbeach South Station (G: LINK).

The current mix of tenants in the building and surrounding precinct consist mostly of restaurants and specialty retailers.

Investment Highlights:

• High Exposure Location
• Great Value For Money
• Located in the Broadbeach Retail Precinct
* Highly motivated seller

For Sale $610,000
All areas, distances and figures are approximate

*Approximate