Prime Gold Coast Investment – New 10 + 10 + 10 Year Lease to 2050
92 Ferry Road, Southport QLD
Property Highlights
Description
– Fixed annual 3% rent increases
– Prime corner site with massive exposure to estimated 23,000 plus vehicles daily
– Land size 1,607 sqm with 3 street frontages offering convenient access
– Opposite Freedom Furniture, Ferry Road Markets, King Furniture, Porsche and more – adjoins Clarke Rubber
– Hoppys Car Wash – established chain of 10 outlets throughout southeast Queensland and expanding
– State-of-the-art car wash facility plus café with seated in-house and alfresco dining
– Full service drive-thru car wash includes large undercover vacuuming and detailing area
– Staff amenities room located on mezzanine level
– Tenant pays all outgoings as per the lease, including Land Tax and management fees.
– Cash bond of $71,500 (incl. GST)
– Net Income: $260,000 pa + GST
Property Details