Colliers International are excited to present the opportunity of acquiring a high profile, ground floor café that must be sold before or at Auction. Shop 8, 240 Varsity Parade, Varsity Lakes is a 92sqm café which has 7 years remaining on their initial lease term, followed by another 2 x 7 year options. Offered to the market as an income producing investment, this will suit both new and experienced investors.
The property is located within the lifestyle precinct of Varsity Lakes, only 650m away from the highly acclaimed Bond University (4,500 enrolled students in 2019). The suburb is also highly accessible for all commuters via direct highway access, train station/bus networks and it is only 20km (17-minute drive) away from Gold Coast Airport.
Investment Highlights:
Popular café with strong following
Great value for money investment
Located in the Varsity Lakes lifestyle precinct
* Highly motivated seller
For Sale via Auction, 9th April 2020 at 11.00am In-Rooms.
All areas, distances and figures are approximate.
*Approximate
