Colliers International are excited to present the opportunity of acquiring a high profile, ground floor café that must be sold at Auction. Shop 5 in Bel Air On Broadbeach is an 89sqm café which has 4 years remaining on their initial lease term, followed by a 4 year option. Offered to the market as an income producing investment, this will suit both new and experienced investors.
Bel Air On Broadbeach (approximately 600m from the beach) is in Broadbeach's retail precinct and generates exposure to both local residents and tourists. The cafés' location gets 34,000 daily vehicles passing as it is positioned on the Gold Coast Highway directly opposite Broadbeach South Station (G: LINK).
The current mix of tenants in the building and surrounding precinct consist mostly of restaurants and specialty retailers.
Investment Highlights:
High Exposure Location
Great Value For Money
Located in the Broadbeach Retail Precinct
* Highly motivated seller
For Sale $620,000
All areas, distances and figures are approximate
*Approximate