Located in the heart of Nerang's Industrial precinct, this multi tenanted offering is leased securely to two proven food operators.
INVESTMENT DETAIL:
1.'Snack Station'> Takeaway/Cafe which has been located in this position for over 10 years
- Lease 5 + 5 years
- Rental $33,000 p.a + GST (gross)
- Fixed 4% annual increases
2. 'Rice Culture'> Food production for specialty Japanese cuisine items.
- Lease 3 + 3
- Rental $12,000 p.a + GST (gross)
- Annual increases CPI
NET RETURN
$38,477.12 P.A + GST + Outgoings
FEATURES:
- 187sqm total space (divided into 125sqm & 62sqm approx)
- Fully fitted and approved for food operations.
- Front unit of complex with retail exposure to Lawrence Drive.
- Two income streams.
- Long Secured lease agreements.
PRICE: $520,000
Call Towers Francis Property for inspection or information memorandum.
