Broadbeach Mall, Long Term Established Tenant - $118,243*pa nett income

SOLD

L 16 & 17 / 15 Victoria Avenue

Broadbeach QLD 4218

Retail

FOR SALE

130m2

Broadbeach, Lot 16 & 17 / 15 Victoria Avenue

* Long term lease to the popular restaurant franchise ‘The Aztec Broadbeach’ Mexican restaurant
* $118,243pa* Nett income as at 1st May 2016, with 5% annual increases
* 4 + 5 + 5 year lease commenced 1st May 2014, same tenant for 15* plus years prior
* Well positioned, fronts the mall in a prominent retail location amongst ample national drawcard tenants
* Tenancy consists 130m2* internal area plus access to an extensive alfresco area
* Inclusive 2 exclusive use car parks
* Will be sold, Interstate based sellers liquidating only QLD asset

The property is positioned in a strong thriving investment growth precinct, with in excess of one billion in development and investment occurring in the immediate area.

Auction Thursday 26th May 11am
Gold Coast Turf Club, Racecourse Drive, Bundall
Steven King 0417789599


This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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.