SECURE RENTAL INCOME ON A FIVE YEAR LEASE - UNDER CONTRACT
The subject offering comprises 150sqm* of ground floor retail space currently occupied by Lakeside Convenience, a well-established local supermarket which has serviced the local community in excess of 30 years. Features include:
Net income $58,203.64* p.a.
Five year lease expiring August 2021 with options to 2027
Experienced convenience store/ supermarket operator
Ample on-street parking
Desirable southern Gold Coast, Palm Beach location
Unit 1, 14 Philippine Parade, Palm Beach is being offered For Sale via an on-site Auction 11:00am Thursday 20 October 2016.
For a compre...