Skip to main content
SearchBack to results
Sold on 11 Feb 2021

2235 Gold Coast Highway Mermaid Beach QLD 4218

  • Shop & Retail
  • 435 m²
  • Sold

NOBBYS BEACHSIDE FREEHOLD - Secure Long Lease - $291,200 p.a. Net Income

  • High Profile Hospitality Venue
  • Tenant: Justin Lane Pty Ltd
  • Net Income of: $291,200 p.a.* + GST

Anchored by a long term lease to the established operator Justin Lane Pty Ltd on a 5 + 5 + 5 + 5 lease term, this outstanding high profile freehold building offers a long term passive income stream secured by a proven tenant with multiple venues.

Positioned prominently within arguably one of the Gold Coast's most vibrant beachside hubs, this is your opportunity to secure a quality commercial building in a brilliant position.

Features include:
- New 5 + 5 + 5 + 5 year lease to Justin Lane Pty Ltd trading as 'Miss Mee'
- Exceptional as-new modern building, with recent significant tenant refurbishment upgrades
- Net Income of $291,200 p.a.* + GST
- 4% annual increases
- High profile tenant, quality proven operator
- Lease commenced 19th November 2019
- 690sqm* lettable area
- 435sqm* land area
- Positioned beachside within the vibrant Nobby's Beach retail precinct
- Conservative rent at $422/sqm, well below neighbouring lease rates
- Premium long term investment opportunity with future rental upside potential
- Trophy building securely leased by a proven operator with adequate security in place

For more information contact Colliers Internationals Steven King on 0417 789 599.

*approximately.
^please note outlines are indicative only.

Steven  King
Colliers International - Gold Coast
Steven King
Colliers International - Gold Coast

Property Highlights

Property ID2016705764
Date Sold11 Feb 2021
Floor AreaAsk Agent
Land Area435 m²
ParkingAsk Agent
Category
Last updated  11 Feb 2021
Map for 2235 Gold Coast Highway Mermaid Beach QLD 4218
Map for 2235 Gold Coast Highway Mermaid Beach QLD 42182235 Gold Coast Highway Mermaid Beach QLD 4218
Steven  King
Colliers International - Gold Coast
Steven King
Colliers International - Gold Coast

Property Highlights

Property ID2016705764
Date Sold11 Feb 2021
Floor AreaAsk Agent
Land Area435 m²
ParkingAsk Agent
Category
Last updated  11 Feb 2021
Colliers International - Gold Coast
Level 2 Circle On Cavill 3184 Surfers Paradise Boulevard Surfers Paradise QLD 4217
Steven  King
Colliers International - Gold Coast
Steven King
Colliers International - Gold Coast
Steven  King

Steven King

Colliers International - Gold Coast

0417 *** ***
0417789599

More Shop & Retail for Sale in Mermaid Beach QLD

2454-2460 Gold Coast Highway Mermaid Beach QLD 4218
Sold$7,000,000
2454-2460 gold coast highway,mermaid beach, QLD 4218
919 m²
Shop & Retail
2438 Gold Coast Highway Mermaid Beach QLD 4218
Sold
2438 gold coast highway,mermaid beach, QLD 4218
179 m²
Shop & Retail
2262 Gold Coast Highway Mermaid Beach QLD 4218
Sold$1,224,000
2262 gold coast highway,mermaid beach, QLD 4218
405 m²
Shop & Retail
Contact Agent