Shop 49/2 Eighth Avenue,
Palm Beach, QLD 4221
Shops & Retail • Offices
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Map of Shop 49/2 Eighth Avenue
PRIME RETAIL INVESTMENT - LEASED TO SALVOS
Prominently positioned in the thriving retail hub of Palm Beach, this 49sqm retail shop is securely leased to 'The Salvation Army' who are longstanding tenants of over 20 years.
Upon inspection you will note 100% occupancy of the retail strip, 300 surrounding car parks and extremely high pedestrian traffic flow.
The retail shopfront presents well and is a favourable and highly sought after location by a multitude of retail tenants.
INVESTMENT DETAIL:
- 5 years + 5 year option
- Gross rental $28,472 per annum approx.
- Annual rental reviews.
- Lease features include full make good provision.
FEATURES:
- 49sqm being 1 of 3 shops leased to 'The Salvation Army'.
- Internal Bathroom facilities.
- Wide shop front.
- Excellent natural light.
- Abundant surrounding car parking at front and rear.
- Quality surrounding tenancy mix.
PRICE:
$399,000 with a net return of $23,336 per annum.
For full details and information memorandum contact exclusive selling agents Towers Francis Property.
Upon inspection you will note 100% occupancy of the retail strip, 300 surrounding car parks and extremely high pedestrian traffic flow.
The retail shopfront presents well and is a favourable and highly sought after location by a multitude of retail tenants.
INVESTMENT DETAIL:
- 5 years + 5 year option
- Gross rental $28,472 per annum approx.
- Annual rental reviews.
- Lease features include full make good provision.
FEATURES:
- 49sqm being 1 of 3 shops leased to 'The Salvation Army'.
- Internal Bathroom facilities.
- Wide shop front.
- Excellent natural light.
- Abundant surrounding car parking at front and rear.
- Quality surrounding tenancy mix.
PRICE:
$399,000 with a net return of $23,336 per annum.
For full details and information memorandum contact exclusive selling agents Towers Francis Property.
Property ID: 503094574Last Updated: 8 Aug 2019
Shop 49/2 Eighth Avenue
Palm Beach, QLD 4221
Towers Francis Property - TWEED HEADS SOUTHSuite 2B Tweed Office Park, 24-28 Corporation Ct
TWEED HEADS SOUTH, NSW 2486
TWEED HEADS SOUTH, NSW 2486
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