Situated in one of the Gold Coasts most desirable and iconic beachside locations, this commanding corner retail position is the ultimate trophy asset.

Lots 3,4 and 5, ” Sonata ” 20 Queensland Avenue, Broadbeach is offered for sale by way of Public Auction and represents a unique opportunity for the astute investor to secure a highly sought after retail investment in the tightly held premier restaurant precinct on the Gold Coast.

Key Features include:

– Situated in the very popular Broadbeach dining and restaurant area
– Prominent corner position with exposure to high volume of pedestrian traffic
– Leased by award winning Sage Restaurant – a long standing business in this location
– Current Net income of $186.423* per annum Approx after outgoings as at August 2017
– Fixed increase of 5%
– 5 year lease term with 2 further options of 5 years
– Substantial combined holding approximately 171m2 * plus an additional alfresco trading area of 53m2 *
– One of the few significant freehold opportunities in this tightly held location

* Approximately

Lot 3,4 and 5, 20 Queensland Avenue, Broadbeach is offered for sale via Public Auction at 11:00am Wednesday 6th September 2017 at Harcourts Coastal – 16 Queensland Ave Broadbeach QLD

All enquires please contact exclusive marketing agents;

Anna Tooma 0411 311 500 of LJ Hooker Commercial Gold Coast

Rob Lamb 0405 608 601 of Harcourts Coastal