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Retail

3/70 Surf Parade Broadbeach, QLD 4218

Sold for $750,000 on 13 Nov 2017
  • Building: 130m²
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Retail in Broadbeach

Broadbeach CBD Tenanted Investment

  • Building: 130m²

Situated in the Broadbeach Business District, directly opposite the Oracle retail precinct, lies this tenanted investment opportunity!

The property is on the ground floor of the Broadbeach on the Park residential building and comprises:-
* 130sqm net lettable area
* Net Income: $51,500 + GST
* Lease Term: 5 years
* Well established tenant who operates a beauty parlour and hair dressing salon.

Neighbouring tenants include the renowned Moo Moos Restaurant and Bar, Gemilli Italian Restaurant and many other popular eateries.

Historically, Broadbeach is a tightly held suburb with quality strata investments, with secure leases hard to come by. Compare the vacancy rates in Broadbeach to those in Surfers and Southport and you will see why it's such a popular precinct!

Please call Tony Grbcic or Adam Grbcic for more information.

Building:

130m²

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