5/465 Oxley Drive Runaway Bay QLD 4216

A 20-year established restaurant with a solid lease. CanTho Kitchen is the Northern Gold Coasts' premiere Vietnamese Restaurant.

Shop 5/465 Oxley Drive Runaway Bay has come to market on an Expressions of Interest campaign. This property is situated within the highly successful Runaway Oasis complex in Oxley Drive Runaway Bay which is renowned as a popular Asian dining precinct. This rare strata-titled investment is with an alfresco dining component.

The lease provides a nett income of $60,000.00 per annum and the tenant pays all the outgoings. CPI increases are applied annually and a market rent review is at the exercising of any of the options. The floor area of 110 m2 is complemented by a large alfresco area protected under an exclusive use entitlement.