On offer this prime positioned strata retail investment positioned on the thriving retail front of Griffith Street Coolangatta.
This Investment is currently tenanted by two successful operators who are established traders.
- 128 sqm + Alfresco > total area of 150sqm approx
- Prominent ground floor frontage to Griffith Street
- Attractive alfresco seating area for exclusive use of tenant.
- Prime strategic location under 'Reflection Tower' Coolangatta's premier 5 star address.
- Diverse dual income de risking the asset for owner.
- Shop 1 > Beauty Salon currently leased $41,599.92p.a + GST on a 5 year lease
- Shop 2 > Barrister Coffee Shop currently leased at $13,000p.a + GST
- Total Gross income = $54,599.92 p.a + GST .
- Net income approximately $28,406 p.a
OFFERS OVER $500,000 MUST BE SOLD SEEKING URGENT OFFERS.
This is a great opportunity to secure your piece of the pie at a great price in the Coolangatta's core retail precinct.
For further information please contact Chris Towers or James Francis.