Mixed use retail/commercial building on ‘Millionaires Row’ Mermaid Beachside.
Gross annual return of $164,500 plus GST (approx).
Three separate tenants with national franchise anchoring (68% of the income)*
Two level mixed use building with strong tenant mix in boutique beachside locality.
This property sits within a highly desirable redevelopment position and was completely refurbished in January 2008. The building is fully air-conditioned, has exceptional
frontage and presence. The property is fully tenanted providing a strong income stream from settlement.
Set back from the Gold Coast Highway and opposite a local shopping centre this property will remain a desirable location for years to come ensuring ongoing security of income and growth in value.
With commercial property providing higher rental returns than residential, this is a win-win opportunity to secure beachside property with solid rental returns and long term leases.

*Approximately