Reflection Tower 2, 110 Marine Parade,
Coolangatta, QLD 4225
Shops & Retail
Price information
Sold
$900,000
Key property information
Floor area
Sold on
Map of Reflection Tower 2, 110 Marine Parade
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.
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...
Reflection Tower 2, 110 Marine Parade
Coolangatta, QLD 4225
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