1/14 Philippine Parade, PALM BEACH QLD 4221
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- 2 Nov 2016
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 comprehensive Information Memorandum please contact the exclusive agents on the links above.
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
1/14 Philippine Parade PALM BEACH