Investors special. This prime retail property is located in the heart of the newly revived Southport CBD. It is a ground floor tenancy with excellent street exposure, adjacent popular cafe’s and restaurants with easy access from the light rail. The property has a long term lease in place with a very strong tenant and is currently providing an income of approx. $117,000 pa. The current asking price equates to around a 12% net return. This investment is not expected to last long at this price!!
* 152m retail premises in near new centre
* Long term lease in place with strong tenant
* Excellent new fit-out in place
* Located in heart of Southport CBD
* Net return approx. $117,000 pa.