COOLANGATTA

6 Simpson Street

100% LEASED INVESTMENT - SET OF 5 FACTORIES WITH ATTRACTIVE RETURN
On offer this fully leased set of industrial factories located in the highly sought after Coolangatta - Kirra industrial precinct.

FEATURES

- Prime highly sought after industrial location.
- Easy asset management.
- Long standing tenancies on good lease terms.
- Development upside with foreseeable residential development opportunity.
- Low maintenance solid building.

TENANCY DETAILS

- 5 tenants on good leases with annual rent reviews.
- Gross income $65,893 inc GST
- Low outgoings
- Strong long standing tenants.

PROPERTY DETAILS

- Zoning: Industrial
- Lot size 1012sqm
- Building size 739sqm

PRICE: Offers Over $699,000