Lot 2/38 The Esplanade Paradise Point QLD 4216

Renewed 5 + 5 year lease
Future redevelopment site facing The Broadwater
Retail investment in exclusive waterfront enclave of boutique street-front
dining and fashion precinct facing the famous Gold Coast Broadwater
overlooking Sovereign and South Stradbroke Island
Established Millies Café & Takeaway with recent renewed 5 year lease to
March 2024 with option to 2029
Subject property is one of four shops comprising a group title occupying
531 sqm of land with on-title parking at rear
Zoned for future re-development (STCA)
Gold Coast: 1 hour from Brisbane, with a population of 600,000 approx. is
Australias sixth largest city and a leading tourism, business & events locale
boasting arguably one of the best lifestyles in the world
Tenant pays all outgoings, as per lease
Annual CPI rent reviews
Net Income: $67,000 pa + GST

Auction 11am Tuesday 25 June 2019
Doltone House, Hyde Park, 181 Elizabeth Street, Sydney