Shop 3/47 Tweed Coast Road Cabarita Beach NSW 2488

Shop 3 / 47 Tweed Coast Rd in the idyllic location of Cabarita Beach is now available for purchase. The property is a street front retail shop with a further separate office at the rear, offering 2 incomes on the 1 property.

Tenants are both long term Cabarita Beach businesses including Sun's Massage and a leading residential real estate agency.

131m2 on the floor with excellent exposure.

Main Street position with great traffic flow.

Located next to the Woolworths Centre opposite beach.

2 tenancies on one title.

Front Tenancy 66m2
3 + 3 + 3 year lease commenced 01/09/2020

Rear Tenancy 65m2
3 + 3 year lease commenced 01/07/2021

NET Income $61,440 pa plus Outgoings plus GST as at 01/09/21

4% annual increases on each lease.

Do not miss this opportunity