Shop 5/120 Marine Parade Coolangatta QLD 4225
- Shop & Retail
- 93 m²
- For Sale, UNDER CONTRACT - TOWERS FRANCIS PROPERTY (under offer)
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.
- 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.
- 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 more information contact exclusive selling agents Towers Francis Property.
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