Superb opportunity to diversify & or add to your investment portfolio with this stylish ‘ Queenslander’ commercial residence fully modernised and leased to a Dental Practice for in excess of $53,000 Per Annum.
3 Bed, 1 Bath, 10 Car

KEY FEATURES :

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Beautifully restored main residence with stain glass windows & ornate fretwork
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All health requirements associated with the fit out for the tenancy
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Fully air-conditioned
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Extensive under house & lockable storage areas
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Rear car park to accommodate approximately
8-10 vehicles
TENANCY PARTICULARS :
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Dental Practice.
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Lease commenced 1st April 2011 & expiring on 31/3/2016
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Current base rental $53,634.54 PA + GST + Outgoings
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All outgoings payable by the tenant
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Options to renew for 2 x 5yr terms ( 2016-2021 + 2021-2026 )
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Annual rental reviews CPI ( market rent at year 1 of each option )
PROPERTY PARTICULARS :
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Land Area: 594.40 SQM ( Dimensions: 15.09m X40.23m )
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Zoned (3b ) general business , right for multi dwelling residential
LOCATION :
Beryl Street is a strong residential area slowly becoming a magnet for professional & medical practitioners alike.
It is moments to Coolangatta / Tweed & virtually opposite the popular Greenbank district , which is home to Jack Evans Boat Harbour , Twin Towns, Council office , Tweed Bowls & the Tweed Hospital , all just a mere 500m as the crow fly’s.
In addition, Coolangatta Airport & Southern Cross University are both within (5) minutes with John Flynn Hospital another (5) minutes to the North.
Popular beaches at D-bah , Snapper , Rainbow , Greenmount & Kirra are all within a few minutes.
AGENTS COMMENTS :
This terrific property is a ‘ bite sized ‘ commercial investment with an A-Grade tenant in place returning over $53,000 NETT !!
Whether you are passive property investor , seasoned Commercial guru or hunting something positive for your Super Fund , this property is a perfect choice.
INTEREST AROUND $600K

Call David Stringer or James Francis for more information.