18/370 Shute Harbour Road Airlie Beach QLD 4802

A fantastic opportunity now exists to secure this tenanted retail shop situated in the Whitsunday Village development in the heart of Airlie Beach. The property is in close proximity to numerous national retailers including Woolworths, BWS and McDonald's. This is a rare opportunity to purchase an investment property in the centre of this popular tourist strip.

• Net Income of $22,425 per annum excl GST
• Tenant pays outgoings (except sinking fund levies)
• Leased to June 2027 + 3 year option to June 2030
• Annual increases of 5%, plus market review at the option
• Personal guarantees and cash bond in place
• Tenanted by Tobacco Shed, who retail tobacco products, accessories & gifts and have over 25 stores across Australia.
• Positioned alongside Magnums Bar & Nightclub, which is an ideal fit for this usage.
• 30sqm retail space plus exclusive use area directly outside the tenancy
• Has another separate exclusive use area which houses its own grease trap
• 2 x brand new air curtains installed May 2024

Airlie Beach is a major QLD tourism precinct and is the gateway to the Whitsunday Islands and Great Barrier Reef.

An Information Memorandum is available upon request.

For further information, please contact the exclusive selling agent, Tracey Oates - tracey.oates@raywhite.com, 0458 474 050