Entry Level Beachfront Investment – Significant Rent Increases

lot 34/115 shingley drive, airlie beach qld
  • Spectacular position and views
  • Significant annual rent increases
  • 5 year + 5 year lease

Property Details

Price reduction - clear instructions to sell
5 year lease to October 2022 with options to 2027
As new restaurant comprising 496 sqm
Stunning location overlooking Abel Point Marina and the beautiful
Whitsunday Islands
Situated in the prestigious Shingley Beach Resort
Established residential base and Whitsunday tourism hotspot
3 month bank guarantee increasing to 6 months year 2
Guaranteed annual rent rises increasing to $70,000 net by year 2022
Fixed 4% increases for the second term
Net Income: $31,987 pa + GST
Price $595,000

Featured Details

Current Tenant Tenanted
Gross Building Area 496 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: QLD000537

Thank you for showing interest in us.

Contact Details

Office Details

Level 24, 324 Queen Street, Brisbane QLD 4001

T 07 3220 3611 E brisbane@burgessrawson.com.au

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