Description
7 Year WALE - Blue Chip Beach Front Retail - High Growth Location
Retail Sold - Kingscliff NSW
+ 100% leased investment, tenants pay all outgoings, as per leases, 7 year WALE
+ Long Standing and Successful Operators – 5-10 years plus in Occupation
+ Five shopfronts with total of 455 sqm lettable area + alfresco
+ Longstanding and successful retail operators
+ Guaranteed rental growth with fixed compounding 3.5% and 4% annual increases
+ 2 km from new regional hospital under construction ($673 million)
+ Strong Shire population 97,000 with 35% increase by 2041
+ Standout border town location 30 mins. from Byron Bay and 15 mins. from Coolangatta (Gold Coast Airport)
+ Net Income: $315,505 pa + GST (as at May 2021)
This property is being sold by auction, or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes
Property Features
- Retail
- Land is 455 m²
- Floor Area is 455 m²
Commercial Features
Highlight 1
100% leased investment
Highlight 2
Long Standing and Successful Operators
Highlight 3
Net Income: $315,505 pa + GST
