Entry Level Beachfront Investment
SOLD
1/15 East Coast Road
Point Lookout QLD 4183
Retail
FOR SALE
69m2
Ray White Commercial Bayside are pleased to exclusively offer for Sale Shop 1, 15 East Coast Road (6/15-17 Mooloomba Road), Point Lookout on Stradbroke Island.
Key Investment Attributes:
- Long term tenant, lease expiring on 18/09/2023 with two further 5 year options
- 69sqm* tenancy plus al-fresco dining area
- Guaranteed income growth with 4% annual increases
- Tenant pays for all outgoings including management fees
- Secure income underpinned by 3-month security bond and personal guarantees
- Ideally positioned in high traffic tourism precinct
- Net income from $42,109.82 plus GST per annum
FOR SALE - $515,000 (GOING CONCERN)
*Approximately
Key Investment Attributes:
- Long term tenant, lease expiring on 18/09/2023 with two further 5 year options
- 69sqm* tenancy plus al-fresco dining area
- Guaranteed income growth with 4% annual increases
- Tenant pays for all outgoings including management fees
- Secure income underpinned by 3-month security bond and personal guarantees
- Ideally positioned in high traffic tourism precinct
- Net income from $42,109.82 plus GST per annum
FOR SALE - $515,000 (GOING CONCERN)
*Approximately