This is a wonderful opportunity to acquire an A Grade tenant in a thriving commercial location.
The tenant, GC Education and Tutoring Services (Formerly Kip McGrath), has been in occupation for over 12 years and have just extended their lease term.
*Gross Annual Rental of $24,072.20
*Excellent fit out with reception and classroom
*83 sqm of first floor commercial space
*Highly exposed, with signage to Eighth Ave and a large GCCC carpark
*Low annual outgoings
Part of the well known and recently renovated Eighth Avenue Plaza, this property is metres to Palm Beach and opposite 7 Eleven. There is numerous on site and street car parking facilities and the property is adjacent to a large GCCC car park.
Palm beach is currently experiencing strong capital growth and infrastructure investment in the area and is sure to continue.
Wonderful SMSF or first commercial investment. The vendors are liquidating their investment portfolio and reserve the right to sell prior to auction
Contact the Adam Young Team for further information or to arrange an inspection.
*Approx
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.