14/120 Marine Parade, COOLANGATTA QLD 4225
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- 19 Oct 2016
Well positioned Coolangatta Beachfront Retail Investment
New to the market!
Tenanted Commercial Strata Shop. 84sqm plus exclusive use area (approx 50sqm)
Don't miss this unique retail investment positioned on Coolangatta's famous beachfront. This great retail space is currently home to Border Newsagency on the ground floor of the Reflections Building in Coolangatta.
Tenancy - Border Newsagency
7 Years + 3 Year option + 3 Year Option
Commencing 7th December 2011
Net Income after all expenses $50,133
Annual CPI Increases
There are currently no other beachfront retail spaces on the market in Coolangatta.
This is a great opportunity to secure your own slice of the tourist strip.
Don't delay, this real estate will not last.
Ray White Commercial GC South
Shop 14-15 'The Strand' Griffith Street, Coolangatta QLD 4225
Servicing Northern NSW and the Southern Gold Coast
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
14/120 Marine Parade COOLANGATTA