Seize the opportunity to secure a premium retail space in the vibrant heart of Surfers Paradise! This ground-floor strata-titled shop/restaurant offers exceptional exposure and versatility in one of the Gold Coast's most sought-after dining and entertainment precincts.
What a fantastic investment with long term well established tenants on a 5 + 5 year lease paying $56,000.00 p.a. rent plus 100% of the outgoings. Outstanding rental return showing a net return of 7.5%+.
Perfectly positioned between Surfers Paradise Boulevard and Orchid Avenue, this bustling arcade enjoys heavy foot traffic from locals and visitors alike. The G:Link light rail stops right at your doorstep, and the world-famous Surfers Paradise Beach is just a short stroll away.
Property Highlights:
• Prime ground floor strata-titled retail/restaurant/shop
• 5 + 5 year lease to long term tenants at $56,000.00 p.a. + outgoings
• Fully fitted out restaurant, kitchen fit-out belongs to Landlord
• Seats approximately 30 diners plus additional alfresco seating
• Excellent exposure in a high-traffic tourist and nightlife hub
• Part of a busy arcade linking Surfers Paradise Boulevard to Orchid Avenue
• Rates $2,218.71 per half year paid by Tenant
• Body corporate $1,894.40 per QTR paid by Tenant
• Surrounded by popular cafes, bars, and major hotels
If you're an investor seeking a high-yield investment property, this is the one for you.
For further details or to arrange an inspection, contact Bob Rollington on 0411 427 311 today.