Prime Gold Coast Investment – New 10 + 10 + 10 Year Lease to 2050

92 Ferry Road, Southport QLD

Property Highlights

Prime Position - 3 Street Frontages
New 3 x 10 Year Lease to 2050
Fixed Annual 3% Rent Increases

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 cafĂ© 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

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Special Use
Land Size
1,607 SQM
Building Area
204 SQM

Contact Agents

Glenn Conridge

0413 873 337

Contact Me

Pat Kelly

0412 244 456

Raoul Holderhead

0413 860 304

Darren Beehag

0411 226 223

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