Here on offer is a block of 5 industrial units, this fully tenanted investment is located on a prime 1012sqm allotment in Coolangatta (Kirra).

Configuration: total floor space 739sqm
Unit 1 = 248sqm (Can be split into 2 tenancies)
Unit 2 = 93sqm
Unit 3 = 93sqm
Unit 4 = 93sqm
Unit 5 = 212sqm

LAND & ZONING
Site – 1012sqm
Building area approximately-
739sqm
Zoning – Industrial, residential transitional area.
3 storey Height limit
RD5 – 1 bed per 50m2

DETAILS
Rental income – $64,000 p.a Gross
Outgoings expenses;
Rates – approx $5000p.a
Water – approx $1200 p.a
Insurance – $2644 p.a

LOCATION
Located in Coolangatta bordering Kirra, just 500 meters from Kirra Beach and only 1 min drive to Coolangatta airport.

AGENTS COMMENTS
This site would make a nice little nest egg, currently producing a solid healthy return with excellent development opportunity down the track.

Asking price $725,000

Call James Francis for more information.