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Shop 5/120 Marine Parade
Coolangatta QLD 4225
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Sold on 1 Nov 2021

Shop 5/120 Marine Parade Coolangatta QLD 4225

  • Shop & Retail
  • 93 m²
  • Sold

PRIME BEACH FRONT INVESTMENT - NEXT TO MCDONALDS

    This beach front retail shop is positioned in the busiest position in Coolangatta directly next to international fast food giant McDonalds.

    The property is being offered as a securely leased investment with a 5 year lease in place to experienced tobacconist and convenience store operator who has been in business for over 20 years.

    INVESTMENT DETAIL:

    - 5 + 5 + 5 Year lease commenced 14/02/2020
    - Net return $72,100 per annum
    - Outgoings 100% paid by tenant.
    - Fixed reviews to 3%
    - Security: Bond and guarantor.

    FEATURES:

    - 70sqm internal NLA
    - 23sqm exclusive use alfresco.
    - Prime Beachfront position next to McDonalds.
    - Shop has potential for retail food also.
    - Busiest location in Coolangatta opposite Greenmount and Coolangatta Beach.

    FOR SALE

    UNDER CONTRACT

    For more information contact exclusive selling agents Towers Francis Property.

    Property Highlights

    Date Sold1 Nov 2021
    Floor Area93 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2016933770
    Category
    Last updated  7 Nov 2021
    Map for Shop 5/120 Marine Parade Coolangatta QLD 4225

    Property Highlights

    Date Sold1 Nov 2021
    Floor Area93 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2016933770
    Category
    Last updated  7 Nov 2021
    Suite 2b Tweed Office Park 24-28 Corporation Circuit Tweed Heads South NSW 2486

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