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    • About this property
    • Explore Southport
    • Leased Investment Opportunity - 3 Year Lease

      Property ID 1650990
      Diversify your portfolio - the opportunity exists to purchase a retail holding within Southport's Sundale Precinct with the security of a 3-year lease with options to 2027

      *Fully-fitted 128m* functioning restaurant premise plus 88m* exclusive use alfresco area
      Prominent Corner tenancy with strong exposure to Como Cresent, Queen Street and Meriton Sundale Precinct
      *Complete operational fit-out includes all service connections, functional cool-room facility, fully-equipped commercial kitchen, wood-fired pizza oven plus further equipment and chattel
      *Brand new three (3) year lease (March 2021 expiry) with 2 x three (3) year options generating $85,921.00 net per annum + outgoings + GST
      Owner is keen to enter negotiations - asking price $1,220,000.00

      * Central Southport location offering strong growth forecast with recent major infrastructure upgrades, community green spaces rejuvenation and completion of the recent Meriton Sundale Precinct offering 2,400 apartments
      * Overseas owners instructions are clear - these tenancies must be sold. Disregard all previous prices, all reasonable offers will be considered


      Please contact the listing agent for more details by clicking on the link above.

      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.