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Shop 17/120 Marine Parade
Coolangatta QLD 4225
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Sold on 1 Jul 2022

Shop 17/120 Marine Parade Coolangatta QLD 4225

  • Shop & Retail
  • 110 m²
  • Sold

FULLY LEASED - DUAL INCOME

    This fully leased investment provides diversity of two income streams.

    One lot with two tenants on new 3 + 3 year leases.

    Fully refurbished shop interiors.

    INVESTMENT DETAIL:

    - $52,800p.a combined net income.
    - 100% outgoings paid by tenants.
    - New 3 year leases to both tenants.
    - 3% annual review on both leases.

    FEATURES:

    - Two shops with an NLA of 110sqm.
    - Located on bustling Griffith Street.
    - Proven tenants with over a decade of trading history in Coolangatta.
    - Brand new high grade fit outs.

    PRICE:

    Price Guide - 6% Net Return

    INFORMATION:

    For full information memorandum contact exclusive selling agents Towers Francis Property.

    Property Highlights

    Date Sold1 Jul 2022
    Floor Area110 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2017572159
    Category
    Last updated  12 Jul 2022
    Map for Shop 17/120 Marine Parade Coolangatta QLD 4225

    Property Highlights

    Date Sold1 Jul 2022
    Floor Area110 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2017572159
    Category
    Last updated  12 Jul 2022
    Suite 2b Tweed Office Park 24-28 Corporation Circuit Tweed Heads South NSW 2486

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