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Asx Listed High Profile Tenant Freehold Retail InvestmentProperty ID 1539053- Beach side retail premises, highly exposed corner position
- $368,706* nett income
- Leased to a wholly owned subsidiary of ASX Listed Billabong International Limited
- Same tenant since August 2008
- Massive billboard signage exposure to both north and south bound traffic
- 805m² lettable area*, land area 979m2 - future redevelopment potential
- Nobby Beach retail/precinct very popular shopping and dining area
- Interstate owner retiring, very clear instructions to sell at Auction!
Auction 11am, Thursday 27th October 2016
Gold Coast Turf Club, Racecourse Drive, Bundall
Steven King 0417 789 599
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.
Key Information Tenancy Status Currently Tenanted Annual Yield (Gross) N/A (Marketed Without Price) Annual Yield (Nett) N/A (Marketed Without Price) Title Scheme Not Applicable
The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.
* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.
Retail for Auction
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.