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Shop 17/120 Marine Parade Coolangatta, QLD 4225

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Shop 17/120 Marine Parade,
Coolangatta, QLD 4225

Shops & Retail

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FULLY LEASED - DUAL INCOME

This fully leased investment provides diversity of two income streams.

One lot with two tenants on new 3 + 3 year leases.

Fully refurbished shop interiors.

INVESTMENT DETAIL:

- $52,800p.a combined net income.
- 100% outgoings paid by tenants.
- New 3 year leases to both tenants.
- 3% annual review on both leases.

FEATURES:

- Two shops with an NLA of 110sqm.
- Located on bustling Griffith Street.
- Proven tenants with over a decade of trading history in Coolangatta.
- Brand new high grade fit outs.

PRICE:

Price Guide - 6% Net Return

INFORMATION:

For full information memorandum contact exclusive selling agents Towers Francis Property.

Property ID: 503998951Last Updated: 12 Jul 2022

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Shop 17/120 Marine Parade
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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