City Chic Mixed Use Freehold Investment

SOLD

24 Musgrave Avenue

Southport QLD 4215

Retail

FOR SALE

550m2

This is the one you have been waiting for! A mixed use freehold property in a vibrant and growing commercial precinct. The property is located on the Main Street of Chirn Park’s bustling cafe, bar and restaurant scene with terrific street exposure and off street parking.

Currently occupied by the QLD Government (State member for Southport, Rob Molhoek) and the well renowned Downtown Deli, the commercial tenancies maintain a strong rental record of quality tenants.

On the first floor, the property is complete with 2 residential units. Both are 2 bedrooms, in good condition and are always popular due to the enviable location.

The building is in great condition and has been well maintained. It sits on a freehold land parcel of 501sqm. The stunning Gold Coast Broadwater and surrounding parkland is only 850 metres, the Southport CBD is approx. 1 kilometre and The Gold Coast University Hospital and Commonwealth Games Precinct is approx. 2 kilometres away.

With a current annual income of approx. $118,000 per annum this property will not disappoint even the most astute investor!

Please contact exclusive marketing agent Adam Young for an information pack.

*Approx

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.