• Lenny McLennan
  • RBR Property Consultants Pty Ltd

For Sale

$1.2 Million - Nett Return 7%

5/42 Marine Parade, Coolangatta, QLD 4225

  • Other

Last updated: 27th February 2024

Listing ID: 43239

  • 112.0m2 Floor area

PRIME CORNER FREEHOLD FOR SALE IN BUSTLING COOLANGATTA!

This well established Commercial premises provides security for the astute investor at 7% nett return.

INVESTMENT DETAILS:

* Long Term Tenant in place - Tenant willing to sign long term lease
* Rental Income $84K plus GST plus Outgoings
* Approx. Floor area - 112 sq/m.
* 100% outgoings paid by tenants

FEATURES:

* Modern building adjacent to beach and located at base of Kirra Hill
* Positioned in the centre of Coolangatta's main shopping precinct
* Great investment opportunity.
* 25 Undercover Carparks available to all Commercial Tenancies

For all enquiries and further details contact Melissa Young on 0487 210 773 or Lenny McLennan on 0417 604 038.

DISCLAIMER
The information relating to this property has been obtained by a third party source, which is believed to be accurate and reliable. RBR Property Consultants has taken every care to ensure this information is as reliable and accurate as possible, but may be subject to errors and omissions. RBR gives no guarantee that this information is 100% correct and it is recommended that you consult an advisor to verify any information for any properties.

WalkScore®

This property is very walkable with most errands able to be accomplished on foot. Great for getting chores done over lunchtime. Seek out the lunch and coffee options close by. There is some transit available from here with a few nearby public transportation options.

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  • Melissa Young
  • RBR Property Consultants Pty Ltd
  • Lenny McLennan
  • RBR Property Consultants Pty Ltd