SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

2 Outstanding Beachside Investments – Prime Holiday Location

7/110 Marine Parade , Coolangatta QLD

Description

Shops 7 & 10, Reflection Tower 2
Iconic Gold Coast beachside location
Ground floor of Reflections, a nationally famous serviced apartment complex

+ 100% Prime Gold Coast Beach Front Location
+ Other tenants include McDonald’s, Coffee Club, Baskin Robbins, Rip Curl, BWS & other iconic brands
+ Established residential base and tourism hotspot
+ Easily managed single tenant investments
+ Sold separately

Shop 7: Raw Energy
+ 5 year lease to 2022 + Option to 2027
+ Raw Energy in occupation since 2008
+ Valuable 4% annual rent increases
+ Strong chain of 10 health food cafes in holiday locations
+ Total area 55 sqm internal + 116 sqm alfresco
+ Net Income: $88,337 pa + GST

Shop 10: Gelatissimo
+ 5 year lease to 2022
+ Gelatissimo in occupation since 2008
+ 2 x 5 year options to 2032
+ Iconic ice cream brand with outlets across Australia & Asia
+ Total area 64 sqm internal + 67 sqm alfresco beachfront
+ Ice cream by the beach, what could be easier?
+ Net Income: $52,170 pa + GST

Auction
11am AEDT Thursday 27 February
Doltone House Hyde Park, Sydney, NSW

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
116 SQM
Building Area
55 SQM

Price

Contact Agent

Contact Agents

Michael Gilbert

+610 430 024790

Contact Me

Glenn Conridge

0413 873 337

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