Shop 2 / 9 Griffith Street Coolangatta QLD 4225

Shop & Retail
Sold

QUALITY RETAIL INVESTMENT - RENTAL INCOME $22,000 p.a + Outgoings + GST

This strata retail shop located under the well known Calypso building in Coolangatta, offers an excellent opportunity for investor to acquire a prime retail asset securely leased to proven retail food operator.

INVESTMENT DETAILS:
- 5 year lease with 5 year option commenced 1st December 2015
- Net Rental Return $22,000 p.a + GST
- Outgoings approximately $16,000 P.A paid 100% by tenant.

FEATURES:
- Strata Retail shop with internal area of 52sqm approx
- Exclusive use alfresco area of 42sqm
- Prime corner position with excellent frontage to Griffith Street.
- Low maintenance and easy asset management.
- In desired location for retail traders.

PRICE: Seeking offers to Purchase

Information memorandum available at request, Call Towers Francis Property