Positioned in the heart of Surfers Paradise, this exceptional 165m²* retail strata property presents a rare opportunity for savvy investors to secure a high-exposure, income-generating asset in one of the Gold Coast's most dynamic locations.
Key Investment Highlights:
Blue-Chip Location: Ideally located directly opposite the $1.3 billion Meriton development (1,057 units currently under construction), this property is poised to benefit from significant future foot traffic and increased demand. It enjoys exposure to over 45,000 vehicles daily.
Secure Long-Term Income: Currently tenanted by a well-established Indian restaurant (Indus), the property generates a strong annual gross rental income of $75,000 + GST. The lease term is 5 years, expiring 14 May 2025, with a 5-year renewal option in place.
Fully Occupied Retail Hub: Situated within a tightly held retail complex, the property shares the ground floor with two other tenancies, ensuring a vibrant and complementary business environment.
Functional Layout:
142m² Internal Restaurant/Dining Area*
23m² Exclusive Undercover Alfresco Dining Area*
Totalling 165m² net lettable area*
Established Tenant: Indus is a popular and well-regarded restaurant, providing consistency and reliability for investors seeking a low-risk, passive income stream.
This is an ideal set-and-forget investment with excellent upside potential, underpinned by a premium location and strong rental income. With major developments underway nearby and a thriving local market, this is your chance to secure a strategic foothold in one of Queensland's most iconic suburbs.
For further details or to arrange an inspection, contact the exclusive marketing agent today.
Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.
