Ground Floor Retail Opportunity

Currently leased at $70,565 per annum, this investment opportunity offers a chance to secure a prime location shop right opposite the Surfers Paradise Beach with plenty of passing foot and car traffic. Body Corporate approximately $9054, Rates $5867, Water $1200. Net return $54,444 per annum. The lease matures 30/9/2025 and the tenant has a 5 year option to extend. Great returns. One basement carpark included.

Property ID: 1169175