High Profile Tenancy at Busy Point Lookout

SOLD

2/15-17 Mooloomba Road

Point Lookout QLD 4183

Retail

FOR SALE

97m2

Ray White Commercial Bayside are pleased to exclusively offer for Sale Shop 2, 15 East Coast Road (7/15-17 Mooloomba Road), Point Lookout on Stradbroke Island.

Key Investment Attributes:

- Long term tenant, lease expiring on 12/12/2025 + 4 year option
- 97sqm* tenancy plus 29sqm* licensed al-fresco dining area
- 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 of $68,428.45 plus GST per annum

FOR SALE - $875,000 (GOING CONCERN)
*Approximately