Shop 2 & 3/118 Griffith Street Coolangatta QLD 4225

Here on offer two strata shops currently leased to one tenant, located with prime retail position under the Beach Comber Resort Central, Coolangatta.

FEATURES:
-Excellent tenant 'Lucky 7 Convenience Store'
-Located in the central hub of Griffith Street
-Excellent surrounding tenancy mix
-Easy asset management
-Huge upside for income growth tenant paying only $340 PSM GROSS,

well under market rent
-Low maintenance investment
-Future potential to lease as two shops

LEASE:
-Currently leased at $26K GROSS per annum
-Lease expires 31/12/2015, market review at this option

This investment would suit astute small investor seeking prime retail space with superior long term gain and existing cash flow.

PRICE: $350,000

Call James Francis or Chris Towers to arrange an inspection.

James Francis : 0409 904 925