Avanti commercial is pleased to bring to market an outstanding investment opportunity in the highly sought after Burleigh Heads area. This prime retail property, located on the ground floor of the newly constructed Sandbar Apartment building, is currently leased to Ezymart Stores Pty Ltd until May 2032, with an 8 year option. This Commercial space of 113m2, offers long-term security and assured returns.
Rarely does an opportunity of this type come on the market where the premises are just recently completed and the shop fit-out is brand new. Combined with a secure tenant, this investment will will reap long term rewards.
Property attributes include:
* Secure corporate lease to national tenant
* Over 450 stores nationally
* Retail floor area of 113sqm with 3 car spaces
* Next to McDonalds, over 40,000 cars pass daily
* Lease expires May 2032 with 8 year option
* Annual Net income of approx. $79,723 plus GST
* 3.5% annual increases
* Very busy location, beachside of Highway
Strategically positioned near the future path of the Stage 3 Light Rail Project and conveniently accessible via the Gold Coast Highway, this property is poised to benefit from the area's rapid growth and development. Investors looking to capitalise on the Gold Coast's desirable location should not miss out on this unique investment opportunity.
This property is for sale via Expressions of Interest Closing Wednesday 23rd October, 2024 at 4:00PM
Contact the exclusive agent for more information or to arrange a formal inspection.
Lachlan Harris
Managing Director
P 0409 057 733
E. lharris@theavantigroup.com.au
