3 & 5/99 Griffith Street, COOLANGATTA QLD 4225
$995,000 (under offer)
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- 27 Oct 2016
Coolangatta CBD Multi Tenanted Commercial Investment - Net Income $73,039pa + gst + outgoings
- For Sale by Public Auction 27th September 6.00pm - Currumbin RSL
- Multi-tenanted Retail Investment in Coolangatta's Main Street
- 3 X Tenanted Retail Shops to be sold in one line.
- Income $73,039 + gst + outgoings
- 152 sqm of Net lettable area (3 shops combined)
Ray White Commercial GC South are proud to present for sale by public auction this well positioned group of three tenanted retail shops in the centre of Coolangatta's thriving CBD to be sold in one line.
This unique opportunity comprises three retail shops totalling 152sqm (approx) with significant frontage to Griffith street. All three shops are currently tenanted to established traders including a Hair Salon, Asian Supermarket, and a Fashion Boutique.
This sound commercial investment currently shows a net return of $73,039 per annum plus gst plus all outgoings and is currently managed by Ray White Commercial GC South Asset Management.
The shops are positioned underneath the prestigious Oaks Calypso Resort which is located less than 100 metres from the famous Coolangatta Beach.
This rare main street multi-tenanted investment would be a great addition to your superannuation or investment portfolio.
For more information contact:
Ray White Commercial GC South
Shop 14-15 'The Strand' Griffith Street, Coolangatta QLD 4225
Servicing Northern NSW and the Southern Gold Coast
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
3 & 5/99 Griffith Street COOLANGATTA