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Retail Sold - Kingscliff NSW
7 Year WALE - Blue Chip Beach Front Retail - High Growth Location
Sold
Retail Sold - Kingscliff NSW

78-80 Marine Pde, Kingscliff NSW 2487

Sold
7 Year WALE - Blue Chip Beach Front Retail - High Growth Location
78-80 Marine Pde, Kingscliff NSW 2487
Property Features
  • Retail
  • Land is 455 m²
  • Floor Area is 455 m²

Description

Sold
Retail
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

Pat Kelly
+61 0412244456
07 3145 1201
Kieran Bourke
0417 418 007

Agent iNFORMATION

Pat Kelly
Mobile +61 0412244456
Office 07 3145 1201
Kieran Bourke
Mobile 0417 418 007

Make an Enquiry

07 3220 3611

Level 12, 324 Queen Street
Brisbane Qld 4000

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Kelly Co Property REVVERMILION

property appraisal

07 3220 3611

Level 12, 324 Queen Street Brisbane Qld 4000