212,213/87 Griffith Street Coolangatta QLD 4225

Positioned on the prime corner of Griffith Street and Warner Street, this investment takes the trophy position of the building.

This property is 100% leased to two long standing tenants. The ground floor is leased to the iconic Montezuma's Restaurant and the first floor is leased to national advertising firm Maake.

INVESMENT DETAIL:

- Brand new 5 year lease to Montezuma's , 2 year lease to Maake.
- Net return $99,800 per annum + Outgoings + GST
- Fixed annual reviews to 3%
- Bond and guarantees on both leases.

FEATURES:

- 336sqm over two levels.
- Ground floor fully fitted and licensed restaurant.
- First floor fully fitted professional office space with ocean glimpses.
- Prime corner positioning with wide dual street frontage.
- 52 parking spaces in complex.

UNDER CONTRACT

For more information, contact exclusive selling agents Towers Francis Property .