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Sold on 9 Apr 2020

10/110 Marine Parade Coolangatta QLD 4225

  • Shop & Retail
  • 64 m²
  • Sold

Two Outstanding Beachside Investments - Prime Holiday Location

    Shops 7 & 10, Reflection Tower 2
    Iconic Gold Coast beachside location
    Ground floor of Reflections, a nationally famous serviced apartment complex

    + 100% Prime Gold Coast Beach Front Location
    + Other tenants include McDonalds, Coffee Club, Baskin Robbins, Rip Curl, BWS & other iconic brands
    + Established residential base and tourism hotspot
    + Easily managed single tenant investments
    + Sold separately

    Shop 10: Gelatissimo
    + 5 year lease to 2022
    + Gelatissimo in occupation since 2008
    + 2 x 5 year options to 2032
    + Iconic ice cream brand with outlets across Australia & Asia
    + Total area 64 sqm internal + 67 sqm alfresco beachfront
    + Ice cream by the beach, what could be easier?
    + Net Income: $52,170 pa + GST

    Shop 7: Raw Energy
    + 5 year lease to 2022 + Option to 2027
    + Raw Energy in occupation since 2008
    + Valuable 4% annual rent increases
    + Strong chain of 10 health food cafes in holiday locations
    + Total area 55 sqm internal + 116 sqm alfresco
    + Net Income: $88,337 pa + GST

    Auction
    11am AEDT Thursday 27 February
    Doltone House Hyde Park, Sydney, NSW

    AUCTION

    Auction date and time27/02/2020 11:00
    Auction location10/110 Marine Parade, Coolangatta QLD
    Chris Towers
    Towers Francis Property
    Chris Towers
    Towers Francis Property

    Property Highlights

    Property ID2016029111
    Date Sold9 Apr 2020
    Floor Area64 m²
    Land Area131 m²
    ParkingAsk Agent
    Category
    Last updated  27 Feb 2020
    Map for 10/110 Marine Parade Coolangatta QLD 4225
    Map for 10/110 Marine Parade Coolangatta QLD 422510/110 Marine Parade Coolangatta QLD 4225
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

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    Chris Towers
    Towers Francis Property
    Chris Towers
    Towers Francis Property

    Property Highlights

    Property ID2016029111
    Date Sold9 Apr 2020
    Floor Area64 m²
    Land Area131 m²
    ParkingAsk Agent
    Category
    Last updated  27 Feb 2020
    Burgess Rawson Sydney
    Level 18, 15 Castlereagh Street Sydney NSW 2000
    Chris Towers
    Towers Francis Property
    Chris Towers
    Towers Francis Property

    Ask Chris Towers about this property

    Chris Towers

    Chris Towers

    Towers Francis Property

    0414 *** ***
    0414 298 292

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