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Shops 2,3/99 Griffith Street Coolangatta, QLD 4225

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Shops 2,3/99 Griffith Street,
Coolangatta, QLD 4225

Shops & Retail

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FULLY LEASED INVESTMENT TO AWARD WINNING RESTAURANT

Towers Francis Property as exclusive selling agents are pleased to offer this landmark retail destination investment to the public market for sale by way of private treaty.

YOU WILL LOVE:

- "Radici Pasta House" as its Coolangatta's premier dining experience.
- Extravagant fit out over two shops.
- Situated on the ground floor of Oaks Calypso Resort with excellent street presence to bustling Griffith Street.
- In the heart of Coolangatta's restaurant dining, resort and leisure precinct.

INVESTMENT DETAIL:

- 3 year lease terms.
- Net rental $42,220 per annum
- defined annual increases to 4% and 3.5% respectively, guarantees growth!

FEATURES:

- Two shops leased to one A grade tenant.
- 102sqm internal NLA plus 61sqm exclusive use alfresco.
- High Grade restaurant fit out.


PRICE:

Asking price $888,000 as a going concern with motivated owners ready to sell!

INFORMATION:

Contact exclusive selling agents today for full information memorandum.

Property ID: 503847822Last Updated: 30 Sep 2021

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Shops 2,3/99 Griffith Street
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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