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Shop 17/120 Marine Parade
Coolangatta QLD 4225
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Sold on 1 Jul 2022

Shop 17/120 Marine Parade Coolangatta QLD 4225

  • Shop & Retail
  • 110 m²
  • Sold

FULLY LEASED - DUAL INCOME

This fully leased investment provides diversity of two income streams.

One lot with two tenants on new 3 + 3 year leases.

Fully refurbished shop interiors.

INVESTMENT DETAIL:

- $52,800p.a combined net income.
- 100% outgoings paid by tenants.
- New 3 year leases to both tenants.
- 3% annual review on both leases.

FEATURES:

- Two shops with an NLA of 110sqm.
- Located on bustling Griffith Street.
- Proven tenants with over a decade of trading history in Coolangatta.
- Brand new high grade fit outs.

PRICE:

Price Guide - 6% Net Return

INFORMATION:

For full information memorandum contact exclusive selling agents Towers Francis Property.

Property Highlights

Date Sold1 Jul 2022
Floor Area110 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2017572159
Category
Last updated  12 Jul 2022
Map for Shop 17/120 Marine Parade Coolangatta QLD 4225

Property Highlights

Date Sold1 Jul 2022
Floor Area110 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2017572159
Category
Last updated  12 Jul 2022

Co-Agents

Chris Towers
Chris Towers
Towers Francis Property
Call
0414 298 292
James Francis
James Francis
Towers Francis Property
Call
0409 904 925

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