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 24, 324 Queen Street
Brisbane Qld 4000

Other Properties

Make an Enquiry

07 3220 3611

Level 24, 324 Queen Street Brisbane Qld 4000