Secure CBA Investment 5% Rent Increases

Renewed 3 year lease until October 2022 plus options until 2025
Attractive 5% rent increases
Lease requires tenant to pay outgoings including management fees
Modern 158 sqm retail premises with commanding double frontage
Close to Woolworths anchored shopping centre, other banks and Kingscliff’s retail strip
Kingscliff, a thriving town on the Tweed Coast only 15 km to Gold Coast Airport

Net Income: $108,817 pa + GST

For Sale by Private Treaty
Indicative Price: $1,500,000 (7.25% Yield)