Often sought and rarely found. This commercial investment is a two level fully leased freehold building in Coolangatta.
You will love the diversity of income streams from three (3) long term established businesses on long term leases.
The tenancy mix incorporates Tursa Employment and Training on the ground level and Danielle Scott Cosmetic & Holistic Massage Therapies on the first floor.
INVESTMENT DETAIL:
- Three (3) tenancies on 3 year lease terms.
- Net income $122,275 per annum
- Fixed annual reviews on all leases.
FEATURES:
- 266sqm NLA
- Tenancy splits: Shop A 147sqm, Suite B 67sqm & Suite C 52sqm
- Track record of low vacancy in this building over the past 20 years
- Prime highly desired position in the centre of Coolangatta CBD.
- Dual Street frontages to Griffith Street and Chalk street.
- Access to over 500 unmetered carparking spaces directly behind building.
- Airconditioned.
PRICE:
UNDER CONTRACT
For more information contact exclusive selling agents Towers Francis Property.