12/110 Marine Parade Coolangatta QLD 4225

Shop & Retail
Sold

BEACH FRONT RETAIL INVESTMENT WITH 5 YEAR LEASE RETURNING $54,000 GROSS

This retail investment under the Reflections Towers 2 is currently leased to experienced operators 'Po Boy' Cajun Creole who are a quality retail tenant with proven track record.

FEATURES:
- 38sqm approx internal shop area.
- 48sqm exclusive use fully enclosed alfresco.
- Professional fit out
- Excellent position for food operators and alike.
- Located underneath Reflections Tower 2.
- opposite Calypso and Coolangatta Beach.
- high traffic flow area in desired position.

LEASE INFORMATION
- 5 year lease commenced 15/08/2015 with 5 year option
- Rental year 1 = $54,000 (including GST & Outs) Rental year 2 = $60,000 (including GST & outs)
- Lessor pays Council rates and strata rates.
- 3 month bond with lease guarantor.

PRICE
Offers from $600,000

For more information contact exclusive selling agents Towers Francis Property.