Shop 20 / Marine Parade, COOLANGATTA QLD 4225
Offers over $800,000 (under offer)
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- 26 Oct 2016
BEACHFRONT RETAIL RESTAURANT INVESTMENT - NET RETURN $74,949 p.a
This is an excellent opportunity to secure prime retail investment in popular beachfront restaurant and dining strip. This shop is leased to highly experienced Indian Restaurant operator who has been operating in Coolangatta for over 14 years.
- 57sqm fully fitted restaurant and kitchen plus 87sqm exclusive rights alfresco area.
- Completely refurbished and weather proof alfresco.
- Located in popular dining and restaurant strip alongside Georges Paragon, Nando's, Crust Pizza...
- Strong proven trader with over 14 years trading in Coolangatta Ãll Taste Indian'
- Net rental $74,949 p.a + GST + outgoings
- 5 + 5 year lease (commenced 15/11/2014)
PRICE: Offers over $800,000
Also available adjoining shop (Shop 12)
For information memorandum contact Exclusive selling agents 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 20 / Marine Parade COOLANGATTA