Here on offer two strata shops currently leased to one tenant, located with prime retail position under the Beach Comber Resort Central, Coolangatta.
FEATURES:
- Excellent tenant ‘Lucky 7 Convenience Store’
- Located in the central hub of Griffith Street
- Excellent surrounding tenancy mix
- Easy asset management
- Huge upside for income growth tenant paying only $340 PSM GROSS,
well under market rent
- Low maintenance investment
- Future potential to lease as two shops
LEASE:
- Currently leased at $26K GROSS per annum
- Lease expires 31/12/2015, market review at this option
This investment would suit astute small investor seeking prime retail space with superior long term gain and existing cash flow.
PRICE: $350,000
Call James Francis or Chris Towers to arrange an inspection.