7 Year Lease

SOLD

20/160 Cotlew Street,

Ashmore QLD 4214

Retail

FOR SALE

Check out the opportunities, 3x commercial investments in the Woolworths anchored Ashmore Plaza Shopping Centre. You'd better act fast to secure these properties. Cash positive investments priced to sell.

Lot 19 - $450,000
* 84sqm* to Kip Mcgrath Learning Centre 62sqm* to occupy
* New 3 Year lease (commenced 1st April 2016) with 3 Year option
* $13,606.30* + GST Nett ($31,500 + GST gross) with 4% increases (Kip McGrath)
* 62sqm* ready to occupy or lease- Consider this upside!

Lot 20 - $350,000

* 94sqm*
* 7 year lease term
* $24,034.96 + GST nett ($34,660.36 + GST gross) with 4% increases per annum
* Tenant pays for water and all metered services
* Long term tenant, 12 years.

Lot 21 - $325,000

* 86sqm*
* Leased to Amcal Chemist
* New lease (commenced 1st March 2016) with 2x 1 Year options
* $25,628.46* + GST Nett ($36,241.54 + GST gross) with 5% increases


Tenants within the complex and surrounds include, Woolworths, Australia Post, Red Rooster, BP, DominoÂ’s Pizza, Harcourts, Vodaphone, and a Doctors Surgery.

What a location, situated just 4km* from Surfers Paradise, including the light rail, you do not want to miss out on this opportunity!

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

*Approx

Disclaimer:
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.