Terrific opportunity to acquire this prominent stand-alone freehold property comprising of 2 individual tenancies over 2 levels, generating a Net income of approximately $51,000 PA + GST.
Commercial retail of approx. 150m2 / leased as Remedial Massage, comprising of reception, 7 consulting rooms, kitchen, bathroom & shower.
- Lease to June 2019 / plus 2 x 3 year options
Professional offices / leased as Medical related government funded organisation, comprising 3 offices, boardroom, kitchen, bathroom & shower and rear terrace balcony
- Lease to Feb 2019 / plus 1 x 2 year option
- Tenants pay outgoings including, rates, water, fire, insurance & maintenance in addition to their rent
This iconic building is proudly positioned on the busy Wharf St of Tweed Heads CBD & is also directly opposite the Tweed Mall & Jack Evans Boat Harbour.
In addition, you are a casual walk into Coolangatta & Rainbow Bay.
Attractive property that would sit nicely within any property portfolio, either personal or super fund.
If you are looking for a steady & passive return, in a high growth area, then this unique property is an astute choice.