We are pleased to offer to the market this exceptional retail investment opportunity Lot 17 and 50 of 2 Eighth Avenue Palm Beach, Gold Coast.
Located in Eighth Avenue Plaza with a vast mix of other popular retail shops, restaurants and professional offices, is where you will find these two properties selling together in one line. Currently occupied by the Salvation Army for more than 15-20 years these properties offer the savvy purchaser an exciting investment opportunity.
- NLA 165sqm across two retail spaces
- Ground floor, single level with wide street frontage
- 100% leased with quality tenant in place
- Annual net income of $63,798 pa*
- Outgoings paid by the tenant
- Internal bathroom, glass shop front and rear car park access
- Excellent street parking and passing traffic exposure
- Prime position in Palm Beach CBD
- Easy access to the M1 motorway, and on the corner of the Gold Coast Highway
These properties provide flexible options and opportunities for the future such as dual income or potentially use one lot and lease the other.
An increase in population density and growth in holiday accommodation, plus an uplift in both services and food-related offerings has significantly benefited the Palm Beach market. Palm Beach has fast become one of the most popular beachside suburbs on the southern Gold Coast. Its prominent coastal position with the Gold Coast Highway running almost through the center provides extremely high profile; Palm Beach is only 1 hour North to Brisbane and 15 minutes to the Gold Coast Airport.
For more information please contact Tara Imlach 0452 418 343 from LJ Hooker Commercial Palm Beach.
*approximately
Disclaimer:
All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you, and has been provided to LJ Hooker by third parties. LJ Hooker is unable to definitively confirm whether the information listed is correct or 100% accurate. LJ Hooker does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained on the Website. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website. Prices displayed on the Website are current at the time of issue, but may change.
