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Shop 18/2 Eighth Avenue Palm Beach, QLD 4221

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Shop 18/2 Eighth Avenue,
Palm Beach, QLD 4221

Shops & Retail • Offices

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MEDICAL RETAIL INVESTMENT - NEW LEASE TO LONG STANDING TENANT.

This traditional Chinese Medical Clinic is well established and has been located in this in this busy neighbourhood shopping precinct for approximately 17 years.

Towers Francis Property are pleased to offer to the market Shop 18, 2 Eighth Avenue, Palm Beach with a brand new 3 + 3 year lease to Silver-Bridge Clinic (Traditional Chinese Medicine Clinic).

INVESTMENT DETAIL:

- Brand new 3 + 3 year lease.
- Net return $33,600 per annum + GST
- Outgoings paid by the lessee.
- Defined annual reviews.

LOCATION:

- Strategic location in thriving Palm Beach with high retail demand.
- Un-timed & un-metered parking on the adjoining block.
- Tightly held well leased retail and commercial complex.
- Easy to find location just off Gold Coast Highway.

FEATURES:

- 80sqm shopfront with presentable fit out.
- Tightly held high demand precinct with high pedestrian traffic flow.
- Solid tenancy mix of retailers and commercial operators.
- Internal kitchenette & amenities onsite.

PRICE:

$499,000 reflecting a net return of 6.7%. This prime medical investment wont last long so contact exclusive selling agents today for full information memorandum.

Property ID: 502970610Last Updated: 15 Jan 2019

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Shop 18/2 Eighth Avenue
Palm Beach, QLD 4221
Towers Francis Property - TWEED HEADS SOUTH
Suite 2B Tweed Office Park, 24-28 Corporation Ct
TWEED HEADS SOUTH, NSW 2486

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