Ray White Commercial, as exclusive agent Lots 10,11,12 of 18-20 Stuart Street Tweed Heads which is a tenanted investment in the heart of the thriving Tweed Heads/Coolangatta CBD retail and tourism precinct.
The site is on the ground level of the prestigious Tweed Ultima' hi -rise development which is located on Stuart street in central Tweed Heads, only a short walk to Coolangatta and just 5 minutes drive to the Gold Coast Airport.
The subject property represents a prime opportunity for the astute investor to capitalise on this income producing
ground floor retail investment with long term leases to an accounting and financial planning company (owned by AMP)
who benefit from the strategic location in central Tweed Heads. The business, has a large team of staff and occupies 398 sqm of purpose built office space including offices, kitchenette, boardroom and breakout areas. It has been trading in the same location since April 2008. The company has leased the premises on a long term agreement with a net rental return to the landlord of $203,556pa plus gst.
Key Features :
- Strong, National long term tenant with proven track record
- Low maintenance building
- Long term lease agreement
- Prime location in the centre of Coolangatta/Tweed Heads CBD
- Positioned underneath one of the areas largest hi-rise developments
- Net Income $203,556pa + gst
The site is for sale for $2,095,000 representing an 9.7% net return on investment.
For more information contact Dru Morgan.
