Woolworths Ltd. lease to March 2029 plus options 2044.
"As new" freestanding store built 2013/14.
Tightly held Gold Coast hotspot with high occupancy.
AAA tenant, one of Australia's most successful retailers.
Accessible from both Park Avenue and James Street.
On site parking and adjacent to council carpark.
Thriving upmarket retail precinct adjacent to beach.
Gold coast population projected to increase from 507,642 to 798,417 by 2031, home to 2018 Commonwealth Games.
Annual CPI rental increases.
Significant tax depreciation benefits.
Net Income: $397,500 pa + GST.
Auction 11am AEST Monday 21 September
Sofitel Wentworth Hotel, Sydney
Simon Staddon 0413 640 851
Pat Kelly 0412 244 456
Jamie Dewe 0410 350 273
|Gross Building Area