Coolangatta
Unit 1/42 Marine Parade
Freehold Commercial Unit For Sale Offering A Great Return For An Investor
Prime corner freehold investment commercial unit for sale showing approximately 6.50% net return at the asking price.
INVESTMENT DETAILS:
* Tenants in place willing to sign a new lease
* Floor area - approximately 74m2
* Annual fixed rent reviews
* 100% outgoings paid by tenants
* Net return 6.50% approximately at asking price
FEATURES:
* Modern building adjacent to beach and base of Kirra Hill
* Located in the Coolangatta CBD
* Great investment opportunity
* Ample off-street parking
For all enquiries and further details, contact Lenny McLennan on 0417604038 or Melissa Young on 0487 210 773
Sold for $500,000
Property Features
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Body Corporate Fees $37 Weekly -
Rental Return $32990 Yearly Forecast -
Nett Return 6.5 -
Rates
