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10/110 Marine Parade
Coolangatta QLD 4225
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Sold on 27 Feb 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

Property Highlights

Date Sold27 Feb 2020
Floor Area64 m²
Land Area131 m²
ParkingAsk Agent
Property ID2016029111
Category
Last updated  27 Feb 2020
Map for 10/110 Marine Parade Coolangatta QLD 4225

Property Highlights

Date Sold27 Feb 2020
Floor Area64 m²
Land Area131 m²
ParkingAsk Agent
Property ID2016029111
Category
Last updated  27 Feb 2020
Level 11.02, 9 Castlereagh Street Sydney NSW 2000

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