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Shop 6, 1 Machinery Drive
Tweed Heads South NSW 2486
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Sold on 4 Nov 2022

Shop 6, 1 Machinery Drive Tweed Heads South NSW 2486

  • Shop & Retail
  • 100 m²
  • Sold

RETAIL INVESTMENT - LONG LEASE - ESTABLISHED TENANT

    Situated on a prime corner retail front position on Machinery Drive is this secure investment with a long lease to established business 'Pinto Thai'.

    INVESTMENT DETAIL:

    - 5 year lease expiring March 2024 + 5 year option.
    - Net income $25,103 per annum
    - Fixed annual reviews to 3%.
    - Bond and guarantors.

    FEATURES:

    - 100sqm retail shop in retail shopping strip of (9) nine lots.
    - Approved for retail food use.
    - Grease Trap & exhaust canopy.
    - Prime corner gateway position on Machinery Drive.
    - Established tenant with excellent track record.
    - 20 carparking spaces onsite.

    PRICE:

    $530,000 as a going concern.

    For more information contact exclusive selling agents Towers Francis Property.

    Property Highlights

    Date Sold4 Nov 2022
    Floor Area100 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2017892319
    Category
    Last updated  21 Nov 2022
    Map for Shop 6, 1 Machinery Drive Tweed Heads South NSW 2486

    Nearest transport* to Shop 6, 1 Machinery Drive Tweed Heads South NSW 2486

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    Property Highlights

    Date Sold4 Nov 2022
    Floor Area100 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2017892319
    Category
    Last updated  21 Nov 2022
    Suite 2b Tweed Office Park 24-28 Corporation Circuit Tweed Heads South NSW 2486

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