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Prestigious Gold Coast Boutique Retail Investment with Po...

Lot 2/38 The Esplanade, PARADISE POINT QLD, 4216

Sold

Property Sold in Lot 2/38 The Esplanade, PARADISE POINT QLD, 4216

Burgess Rawson (QLD) Pty Ltd

Level 24, 324 Queen Street, Brisbane, QLD 4000

Listing ID:
11348657
Status:
Sold
Price:
Price on Request
Last Updated:
27/06/2019
Icon building

Property Type

Retail
Icon square

Land Area

531 SQM
Icon size

Floor Area

59 SQM
Icon parking

Parking

N/A

Prestigious Gold Coast Boutique Retail Investment with Potential for Redevelopment - Broadwater Views

Renewed 5 + 5 year lease
Future redevelopment site facing The Broadwater
Retail investment in exclusive waterfront enclave of boutique street-front
dining and fashion precinct facing the famous Gold Coast Broadwater
overlooking Sovereign and South Stradbroke Island
Established “Millie’s” Café & Takeaway with recent renewed 5 year lease to
March 2024 with option to 2029
Subject property is one of four shops comprising a group title occupying
531 sqm of land with on-title parking at rear
Zoned for future re-development (STCA)
Gold Coast: 1 hour from Brisbane, with a population of 600,000 approx. is
Australia’s sixth largest city and a leading tourism, business & events locale
boasting arguably one of the best lifestyles in the world
Tenant pays all outgoings, as per lease
Annual CPI rent reviews
Net Income: $67,000 pa + GST

Auction 11am Tuesday 25 June 2019
Doltone House, Hyde Park, 181 Elizabeth Street, Sydney

For more details, please email agent

Burgess Rawson (QLD) Pty Ltd

Level 24, 324 Queen Street, Brisbane, QLD 4000


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