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Palm Beach QLD 4221

  • Retail
  • Floor Size67 m²
  • PriceFor Sale, FULLY LEASED INVESTMENTS - YIELDS 6.5% - 7%

MULTIPLE TWEED COAST INVESTMENTS FOR SALE

The vendor is offering 4 fully leased investments for genuine sale, being sold individually. All with long term leases and attractive fixed reviews.

These investments are located in the thriving beach side town Cabarita. Cabarita and surrounding areas have seen aggressive development over the past 10 years, with large housing sub divisions and unit developments which has placed a high demand on the retail and services. This town has become a desirous place for local residents and tourist alike for its quirky beach side manor and quality retail food and restaurant options.

INVESTMENTS:

Shop 6 - SOLD By Towers Francis Property.
Shops 8 & 10 - Medical Centre - 3 + 3 + 3 years - Net Return $56,000 per annum
Shops 9 - Cafe - 3 + 3 - Net Return $18,000 per annum
Shop 11 & 12 - Yoga & Skate - Net Return - $25,000 per annum

All investments have fixed % reviews.

FEATURES:

- Prime frontage to ' Tweed Coast Road'.
- Complex recently completely refurbished including full paint and common area make over.
- 37 Parking spaces for exclusive use of the commercial tenants.
- Tenants secured on long term leases at market rates.
- Located in Ace Plaza, mixed use building consisting of 7 commercial lots and 5 residential units.

PRICE:

Investments being offered at yields of 6.5% to 7%.

MORE INFORMATION:

For information memorandum on any of these investments, contact Towers Francis Property today, these investments wont last long.

Property Highlights

Property ID2014780394
Floor Area67 m²
Land AreaAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Category
Last updated  20 Jun 2019
Map for Palm Beach QLD 4221
Towers Francis Property
Suite 2b Tweed Office Park 24-28 Corporation Circuit Tweed Heads South NSW 2486

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