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78-80 Marine Pde, Kingscliff, NSW 2487

78-80 Marine Pde, Kingscliff, NSW 2487

Retail

  • Sold Contact Agent
  • Tue 12-Jan-21

7 Year WALE - Blue Chip Beach Front Retail - High Growth Location

  • 100% leased investment
  • Long Standing and Successful Operators
  • Net Income: $315,505 pa + GST

  • Land Area
  • 455.00 m² (approx)
  • Floor Area
  • 455 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Apr 14, 2021

Additional Details


Interested in this property? Contact an Agent today

Kelly & Co Property - Brisbane

Level 24, 324 Queen Street

Brisbane City Qld 4000

Kieran Bourke, Kelly & Co Property - Brisbane
Kieran Bourke

7 Year WALE - Blue Chip Beach Front Retail - High Growth Location

+ 100% leased investment, tenants pay all outgoings, as per leases, 7 year WALE
+ Long Standing and Successful Operators – 5-10 years plus in Occupation
+ Five shopfronts with total of 455 sqm lettable area + alfresco
+ Longstanding and successful retail operators
+ Guaranteed rental growth with fixed compounding 3.5% and 4% annual increases
+ 2 km from new regional hospital under construction ($673 million)
+ Strong Shire population 97,000 with 35% increase by 2041
+ Standout border town location 30 mins. from Byron Bay and 15 mins. from Coolangatta (Gold Coast Airport)
+ Net Income: $315,505 pa + GST (as at May 2021)

This property is being sold by auction, or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes

78-80 Marine Pde, Kingscliff, NSW 2487

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