12/110 Marine Parade, Coolangatta QLD 4225
PRIME BEACHFRONT RETAIL INVESTMENT
Seize the opportunity to own a prime beachfront investment, currently leased to a reputable Indian restaurant. This property boasts a highly visible corner location in the heart of Coolangatta's vibrant lifestyle and restaurant precinct. The shop offers 30 sqm of internal space, complemented by a 48 sqm exclusive-use enclosed alfresco dining area.
LOCATION HIGHLIGHTS:
- Positioned alongside prominent brands such as Domino's, BWS, 7 Eleven, McDonald's, Ripcurl, and other successful national retailers.
- Located in a bustling restaurant strip with no vacancies.
- Situated in the heart of Coolangatta's resort and leisure precinct, with over 2,000 holiday apartments in the immediate vicinity and just 200 meters from the world-famous Superbank.
INVESTMENT FEATURES:
- Brand new 5 + 5 year lease.
- Net rent of $48,920 per annum.
- Fixed annual reviews at 4%, ensuring underlying capital growth.
FOR SALE
Price: $769,000 = 6.3% net return.
For further information and to arrange an inspection, please contact the exclusive selling agents.
LOCATION HIGHLIGHTS:
- Positioned alongside prominent brands such as Domino's, BWS, 7 Eleven, McDonald's, Ripcurl, and other successful national retailers.
- Located in a bustling restaurant strip with no vacancies.
- Situated in the heart of Coolangatta's resort and leisure precinct, with over 2,000 holiday apartments in the immediate vicinity and just 200 meters from the world-famous Superbank.
INVESTMENT FEATURES:
- Brand new 5 + 5 year lease.
- Net rent of $48,920 per annum.
- Fixed annual reviews at 4%, ensuring underlying capital growth.
FOR SALE
Price: $769,000 = 6.3% net return.
For further information and to arrange an inspection, please contact the exclusive selling agents.