11/42 The Esplanade, Surfers Paradise QLD 4217

Retail - Shop:   Car Park Icon 1 Building Size Icon 59m2

Sold for $950,000

Ground Floor Retail Opportunity

Currently leased at $70,565 per annum, this investment opportunity offers a chance to secure a prime location shop right opposite the Surfers Paradise Beach with plenty of passing foot and car traffic. Body Corporate approximately $9054, Rates $5867, Water $1200. Net return $54,444 per annum. The lease matures 30/9/2025 and the tenant has a 5 year option to extend. Great returns. One basement carpark included.

Property ID: 1169175

Contact Agents
Andrew Wright
Andrew Wright

Principal

Office: 07 5591 8333
Mobile: 0417 634 038

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Professionals Southport
204 / 2 Nerang Street, Southport QLD 4215 | Phone 07 5591 8333