Ray White Commercial Bayside are pleased to exclusively offer for Sale Shop 3, 15 East Coast Road (10/15-17 Mooloomba Road), Point Lookout on Stradbroke Island.
Key Investment Attributes:
- Long term tenant, lease expiring on 13/12/2025 with a further 4 year option
- 68sqm* tenancy plus 30sqm* licensed al-fresco dining area
- Guaranteed income growth with 4% annual increases
- Tenant pays for all outgoings including management fees
- Secure income underpinned by 3-month security bond and personal guarantees
- Ideally positioned in high traffic tourism precinct
- Net income from $36,400.00 plus GST per annum
FOR SALE - $500,000 (GOING CONCERN)
*Approximately