BROADBEACH RETAIL STRATA PROPERTY

Freehold Ground and Basement Level Strata Property
Lot 170 Phoenician Building’ 24 Queensland Ave, Broadbeach
Current Net Income $134,751* p.a.
Major Tenant 670m* – leased to 29 November 2013 + 5 year Option Rent Increase in November 2009 premises continuously occupied since 1998 immaculate fit out
Minor Tenant 172m* – Leased to 2 March 2010 (may be terminated on 3 months notice)
Current Outgoings $23,249*per annum.
Information Request Available upon Request

*Approximate

Peter O’Neill 0422 145 762
Auction Date: 18 September 2009
Venue: Gold Coast Convention Centre