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84-88 Griffith Street
Coolangatta QLD 4225
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Sold on 25 Jan 2024

84-88 Griffith Street Coolangatta QLD 4225

  • Shop & Retail
  • 442 m²
  • Sold

Magnificent Beachside Freehold Investment with Future Upside

    Burgess Rawson is pleased to offer to the market 84-88 Griffith Street, Coolangatta QLD for sale via Private Treaty.

    The property has the following investment highlights:

    + NAB: New 5 year lease plus options to November 2034
    + Thai Massage: recent 5 + 5 year lease to 2033
    + Positioned in the heart of Coolangatta's main retail & resort precinct with 15 hotel/resorts within a 400m* radius
    + Promotively located corner site with three street frontages, providing huge exposure
    + Sought after 'Centre' Zoning, perfect for future redevelopment (STCA)
    + Fixed 3% rent increases ensuring future income growth
    + Directly across from Woolworths anchored 'The Strand' Shopping Centre supported by a dynamic mix of fashion, surf wear, supermarkets, gifts and homeware tenants
    + Only 2.8km* from the Gold Coast International airport with over 6.5 million visitors per annum^^
    + Coolangatta: The Gold Coast's southernmost city, has become a thriving shopping & holiday location
    + City of Gold Coast: Australia's sixth largest city with the population forecast to increase from 650,000 to 1 million by 2046^
    + Total Net Income: $226,505 pa* + GST

    For Sale by Private Treaty.

    Please contact the exclusively appointed Burgess Rawson team for more information.

    ^ www.goldcoast.qld.gov.au
    ^^www.goldcoastairport.com.au
    *Approx.

    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold25 Jan 2024
    Floor Area442 m²
    Land Area477 m²
    ParkingAsk Agent
    Property ID2018802008
    Category
    Last updated  29 Jan 2024
    Map for 84-88 Griffith Street Coolangatta QLD 4225
    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold25 Jan 2024
    Floor Area442 m²
    Land Area477 m²
    ParkingAsk Agent
    Property ID2018802008
    Category
    Last updated  29 Jan 2024

    Co-Agents

    Kieran Bourke
    Burgess Rawson Sydney
    Call
    0417 418 007
    Josh Scapolan
    Josh Scapolan
    Burgess Rawson Queensland
    Call
    0484 229 829

    More about 84-88 Griffith Street Coolangatta QLD 4225

    84-88 Griffith Street Coolangatta QLD 4225 is categorized as Shop & Retail Property. It has a floor area of 442 m² and a land area of 477 m². The listing ID for this property is 2018802008.

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