Entry Level Retail Investment, Airlie Beach CBD
370 Shute Harbour Road, Airlie Beach QLD
Property Highlights
Description
Well known central waterfront location in Airlie Beach
(Lot 16,17) Mammas Pizza –
Leased until 2023 + opts. to 2033
3% Annual Increases
Net Income: $100,652 pa + GST
(Lot 18) Seoul Chicken –
Leased until 2023 + opts. to 2028
CPI Annual Increases
Net Income: $20,000 pa + GST
+ Both tenants pay all outgoings as per leases
+ Tenancies sit directly opposite the famous Magnums Tavern And Beer Garden, supplying food to patrons
+ High foot traffic through the centre – 15 tenants providing tourism, food and clothing business’s trading 7 days
+ The Centre provides thoroughfare to Woolworths shoppers linking the two developments
+ Kerb side parking and large public carpark at rear
For Sale: $1,300,000 Negotiable
Property Details