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Shops 2,3/99 Griffith Street
Coolangatta QLD 4225
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Sold on 15 Sep 2021

Shops 2,3/99 Griffith Street Coolangatta QLD 4225

  • Shop & Retail
  • 102 m²
  • Sold

FULLY LEASED INVESTMENT TO AWARD WINNING RESTAURANT

    Towers Francis Property as exclusive selling agents are pleased to offer this landmark retail destination investment to the public market for sale by way of private treaty.

    YOU WILL LOVE:

    - "Radici Pasta House" as its Coolangatta's premier dining experience.
    - Extravagant fit out over two shops.
    - Situated on the ground floor of Oaks Calypso Resort with excellent street presence to bustling Griffith Street.
    - In the heart of Coolangatta's restaurant dining, resort and leisure precinct.

    INVESTMENT DETAIL:

    - 3 year lease terms.
    - Net rental $42,220 per annum
    - defined annual increases to 4% and 3.5% respectively, guarantees growth!

    FEATURES:

    - Two shops leased to one A grade tenant.
    - 102sqm internal NLA plus 61sqm exclusive use alfresco.
    - High Grade restaurant fit out.

    PRICE:

    Asking price $888,000 as a going concern with motivated owners ready to sell!

    INFORMATION:

    Contact exclusive selling agents today for full information memorandum.

    Property Highlights

    Date Sold15 Sep 2021
    Floor Area102 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2017065664
    Category
    Last updated  30 Sep 2021
    Map for Shops 2,3/99 Griffith Street Coolangatta QLD 4225

    Property Highlights

    Date Sold15 Sep 2021
    Floor Area102 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2017065664
    Category
    Last updated  30 Sep 2021

    Co-Agents

    Chris Towers
    Chris Towers
    Towers Francis Property
    Call
    0414 298 292
    James Francis
    Towers Francis Property
    Call
    0409 904 925

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