Terrific opportunity to acquire this prominent stand-alone freehold property comprising of 2 individual tenancies over 2 levels, generating a Net income of approximately $51,000 PA + GST.
GROUND LEVEL:
Commercial retail of approx. 150m2 / leased as Remedial Massage, comprising of reception, 7 consulting rooms, kitchen, bathroom & shower.
- Lease to June 2019 / plus 2 x 3 year options
UPPER LEVEL:
Professional offices / leased as Medical related government funded organisation, comprising 3 offices, boardroom, kitchen, bathroom & shower and rear terrace balcony
- Lease to Feb 2019 / plus 1 x 2 year option
DETAILS:
- Tenants pay outgoings including, rates, water, fire, insurance & maintenance in addition to their rent
LOCATION:
This iconic building is proudly positioned on the busy Wharf St of Tweed Heads CBD & is also directly opposite the Tweed Mall & Jack Evans Boat Harbour.
In addition, you are a casual walk into Coolangatta & Rainbow Bay.
AGENT'S COMMENTS:
Attractive property that would sit nicely within any property portfolio, either personal or super fund.
If you are looking for a steady & passive return, in a high growth area, then this unique property is an astute choice.
For further information, please contact David Stringer or Greg Cook, DJ Stringer Property Services.
Disclaimer:
All information contained herein is gathered from sources we believe to be reliable. DJ Stringer Property Services Pty Ltd and its staff will not be held responsible for any act or omission arising from the accuracy of such material. We cannot guarantee its accuracy and interested persons should rely on their own enquiries. Such enquires should include, but in no way be limited to, and should be directed to, your legal representative, any local authorities, the Contract of Sale or Commercial/Retail Lease and in the event of a Unit, Strata Title or Community Title, refer to the Body Corporate, Community Management Statement & Disclosure Statement for any information on the property, Common Property & Exclusive use areas, that may directly or indirectly affect this property.
