1/1920 Gold Coast Highway, Miami QLD

For Sale

Retail

$980,000

91m2

* 91*m2 with triple net lease to Caffeine Kings
* 4% annual increases
* Tenants responsible for all outgoings
* Strata-titled building with options to purchase whole or part with 3 separate titles

The building was built approximately 14 years ago, low maintenance type build, suspended concrete slab, with almost no property landscaping upkeep.

Situated amongst this strip of retail shops this is a fantastic & proven tenant.

Mixed-use commercial only a stone's throw from the beach. Situated on one of the busiest roads of the Gold Coast. This is an absolute gem. With secure and proven tenants this property is a must to add to your growing property portfolio.

This area of Miami is a growing corridor for the future development of Highrises and redevelopment of housing lots. Whether that be a highrise or duplex sites the capital growth in this area is projected to take off over the coming years as the light right moves further South to Burleigh Heads and development trends start moving South from Broadbeach, it's best to get in now!

Enquire online for an IM or alternatively give Ryan Langham a call.

*approx

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, advice 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.