High Profile Tenancy at Busy Point Lookout

SOLD

Shop 3/15-17 Mooloomba Road

Point Lookout QLD 4183

Retail

FOR SALE

68m2

Ray White Commercial Bayside are pleased to exclusively offer for Sale Shop 3, 15 East Coast Road (10/15-17 Mooloomba Road), Point Lookout on Stradbroke Island.

Key Investment Attributes:

- Long term tenant, lease expiring on 13/12/2025 with a further 4 year option
- 68sqm* tenancy plus 30sqm* licensed al-fresco dining area
- Guaranteed income growth with 4% annual increases
- Tenant pays for all outgoings including management fees
- Secure income underpinned by 3-month security bond and personal guarantees
- Ideally positioned in high traffic tourism precinct
- Net income from $36,400.00 plus GST per annum

FOR SALE - $500,000 (GOING CONCERN)
*Approximately