Shop 11/110 Marine Parade Coolangatta QLD 4225

Shop & Retail
Sold

BEACHFRONT FOOD RETAIL INVESTMENT WITH LONG TERM LEASE

This beachfront food retail shop is positioned in the Reflections Tower 2 retail strip, directly opposite Coolangatta Beach.

The food operator 'New Ruby Thai' is a long standing operator having been in Coolangatta for over 10 years and is well known for his quality restaurant Thai food offering.

INVESTMENT DETAIL:

- Gross rental $96,000 per annum + GST
- Net return $75,400 approx.
- New 5 + 5 year lease.

FEATURES:

- 53sqm internal shop space
- 77sqm exclusive alfresco area with fully enclosed improvements
- Business has operated from this location for 5 + years.
- Directly opposite Coolangatta Beach
- Excellent surrounding tenancy mix including Georges Paragon, Nandos, Crust, BWS, Raw Energy...

PRICE : Expressions Of Interest (EOI) Place your offer today!

For more information contact exclusive selling agents Towers Francis Property.