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Reflection Tower 2, 110 Marine Parade Coolangatta, QLD 4225

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Reflection Tower 2, 110 Marine Parade,
Coolangatta, QLD 4225

Shops & Retail

Price information

Sold

$900,000

Key property information

Floor area

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Map of Reflection Tower 2, 110 Marine Parade

Directions

Three Retail Investments in key Dining Precinct

The rarest of seaside food premises located in a quality twin tower resort and surrounded by successful convenience, dining and services, these three shops offer investors, or owner-occupiers, a foothold into retail at amazing sale prices.

You have the choice of:

1. Ona Coffee (Shop 12), a cute little 30m2 Café with 48m2 alfresco - leased till Feb 2015. Net income $49,466 (approx.)

2. Major corner site Teppanyaki Restaurant (Shop 20) with 57m2 inside and even more outside with 87m2 alfresco - currently vacant but previously leased for $55,115 net rent (approx.)

3. And for the owner occupier (Shop 11), a fully fitted out 53m2 Restaurant with 77m2 of alfresco - not leased but estimated to be $36,600 net rent (approx.)

Prices range from $395,000 to $710,000 with returns of up to 11.5% (approx.)

Available for purchase individually or all 3 in one line - these are adjoining tenancies.

Tenant Mix:

These retail shops are located in Reflection Tower 2 in Coolangatta and are surrounded by 24 international, national and quality specialty tenants. There’s an excellent mix of fast food, gourmet dining, fashion, services, liquor and a supermarket.

Location Attributes:

• Major street presence to Griffith Street, in the town's CBD
• Boasting beach, resorts and a school all metres away
• 3.6 kms to new Southern Cross University & Australia's fifth busiest airport

For further information contact either Alan Robertson or Stewart Gilchrist via the agent link above.

Property ID: 500180621Last Updated: 15 May 2014

07 5588 02...
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Reflection Tower 2, 110 Marine Parade
Coolangatta, QLD 4225
Colliers - Gold Coast
Level 2 Circle on Cavill, 3184 Surfers Paradise Boulevard
SURFERS PARADISE, QLD 4217
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