20 lot 3 4 5 & 6 Queensland Ave, Broadbeach QLD

For Sale

Retail

Auction Exc GST

171m2

LJ Hooker Commercial Gold Coast and Harcourts Coastal have the exclusive pleasure presenting for sale by Public Auction the freehold interest in Lots 3,4 & 5 and 6 Sonata 20 Queensland Avenue, Broadbeach Queensland 4218.

Lots 3,4 & 5/20 QUEENSLAND AVE, BROADBEACH

- 96m2* GLAR plus an additional alfresco trading area of approximately 27m2*
Situated in the very popular Broadbeach dining and restaurant area
- Prominent corner position with exposure to high volume of pedestrian traffic
- Leased by award winning Sage Restaurant - a long standing business in this location
- Current Net income of $186.423* per annum Approx after outgoings as at August 2017
- Fixed increase of 5%
- 5 year lease term with 2 further options of 5 years
- Substantial combined holding approximately 171m2 * plus an additional alfresco trading area of 53m2 *
- One of the few significant freehold opportunities in this tightly held location



Lots 6/20 QUEENSLAND AVE, BROADBEACH

- Situated in the very popular Broadbeach dining and entertainment area
- High profile location with exposure to high volume road and pedestrian traffic
- Leased by award winning Yellow Fin Restaurant, a long standing business in this location
- Current net income of $87,300* per annum Approx after outgoings as at August 2017
- Fixed increases of 5%
- 5 year lease term with 2 further options of 5 years