* Popular shopping centre 10 min* from Burleigh Heads within an established residential / rural catchment.
* 9 separate tenancies, 1 currently vacant
* $361,237* nett income inclusive of vendor rental gaurantee
* Pre commitment in place for expansion, potential to nett $398,000* income
* NLA 971.7m2*; Land area 3,925m2*; 59 onsite car parks
* Well balanced long established tenants include Spar, Cellarbrations and 6 other complimentary tenants
* Strong passing income with short term income growth potential
* Limited competition in immediate area
* Solid annual income increases with majority of rents increased annually by 4-6% pa
* Busy corner position servicing the local Tallebudgera community

Please contact the listing agent for more details by clicking on the link above.

http://www.platinumhd.tv/hd-videos/tallebudgera/tallebudgera-14213.html

(CM21709)

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.