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82 Griffith Street, Coolangatta, Qld 4225

82 Griffith Street, Coolangatta, Qld 4225

Retail Offices Medical/Consulting

  • For Sale
  • $1,760,000 - 6.9% net return.
  • Sale by Negotiation

  • Land Area
  • 164.00 m² (approx)
  • Floor Area
  • 266 m²
  • Last Updated
  • May 15, 2021

Interested in this property? Contact an Agent today

Towers Francis Property - TWEED HEADS SOUTH

Suite 2B Tweed Office Park, 24-28 Corporation Ct

Tweed Heads South NSW 2486

James Francis
Chris Towers

100% LEASED FREEHOLD INVESTMENT

Often sought and rarely found. This commercial investment is a two level fully leased freehold building in Coolangatta.

You will love the diversity of income streams from three (3) long term established businesses on long term leases.

The tenancy mix incorporates Tursa Employment and Training on the ground level and Danielle Scott Cosmetic & Holistic Massage Therapies on the first floor.

INVESTMENT DETAIL:

- Three (3) tenancies on 3 year lease terms.
- Net income $122,275 per annum
- Fixed annual reviews on all leases.


FEATURES:

- 266sqm NLA
- Tenancy splits: Shop A 147sqm, Suite B 67sqm & Suite C 52sqm
- Track record of low vacancy in this building over the past 20 years
- Prime highly desired position in the centre of Coolangatta CBD.
- Dual Street frontages to Griffith Street and Chalk street.
- Access to over 500 unmetered carparking spaces directly behind building.
- Airconditioned.

PRICE:

$1,760,000 as a going concern representing 6.9% Net return.

For more information contact exclusive selling agents Towers Francis Property.

82 Griffith Street, Coolangatta, Qld 4225

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