Shop 2 / 9 Griffith Street, COOLANGATTA QLD 4225
Offers to Purchase
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- 17 Oct 2016
QUALITY RETAIL INVESTMENT - RENTAL INCOME $22,000 p.a + Outgoings + GST
This strata retail shop located under the well known Calypso building in Coolangatta, offers an excellent opportunity for investor to acquire a prime retail asset securely leased to proven retail food operator.
- 5 year lease with 5 year option commenced 1st December 2015
- Net Rental Return $22,000 p.a + GST
- Outgoings approximately $16,000 P.A paid 100% by tenant.
- Strata Retail shop with internal area of 52sqm approx
- Exclusive use alfresco area of 42sqm
- Prime corner position with excellent frontage to Griffith Street.
- Low maintenance and easy asset management.
- In desired location for retail traders.
PRICE: Seeking offers to Purchase
Information memorandum available at request, Call Towers Francis Property
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
Shop 2 / 9 Griffith Street COOLANGATTA