21 Mclean Street
Coolangatta


Contact agent for details

Property Features


Property ID: 2545526

Building Size
345 m2
Land Size
345.00 m2

DUAL LEVEL RETAIL - on the retro end of Coolangatta


INSPECT ANYTIME DURING THE FESTIVE SEASON

DJ Stringer Commercial is proud to offer this prime positioned ( free standing ) dual level retail premises with esteemed character.

At present the refurbished retail shop is currently leased to 'Aqueous' achieving a nett return of approximately $50,900 per annum.

FEATURES:

- Floor area totalling 345m2 ( 150sqm ground & 195qm 1st level )
- Configuration incorporates open space and treatment rooms.
- Well presenting refurbished interior.
- Separate front and rear access points for upstairs and downstairs.
- Dual carport at rear of building.

TENANCY DETAILS :

- Nett return $50,900 + GST
- Outgoings paid by tenant

PROPERTY PARTICULARS :

- Zoned 1(a) Central Core intent 'Gold Coast Planning Scheme 03, LAP 8'
- Shops and Main retail
- Scheme encourages new mixed use development ground floor retail and high density residential.
- RPD: L3 Rp 83729

LOCATION:

Opposite the renowned 'Sands Hotel' on what the locals refer as the 'Retro' end of Coolangatta forming a mixed array of retail shops including antique goods, clothing, hair, food & beauty.

Coolangatta is a thriving coastal City Centre hosting a populated mixed use of high rise residential buildings, apartment blocks, retail shops and offices , including some of the world's well renowned surf beaches all within a 2km radius.

The area has a high fluctuation of tourists during peak months and steady flow of locals on the off periods as well as hosting several festival style events throughout the year.

AGENTS COMMENTS

This property would make a great 'nest egg' with a foreseeable future for development potential , solid return on investment or perhaps one could also secure this premises for their own business use ( professional office , retail or eatery - the options are endless ).

Rarely do retail ' bite sized ' freehold opportunities come up in this tightly held precinct , so don't delay this really is blue chip real estate.

A regrettable sale for the owners who originally paid $1,195,000 , however their motivation for a prompt sale is evident with the cracking list price.

PRICE: Offers over $795,000

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