412, 1 Como Crescent, Southport, QLD 4215

Retail

For Sale For Sale by Private Treaty

Expressions Of Interest

  • Property ID: 422197
  • Floor Area: 128m²
  • Occupancy: Vacant
Rare Investment Opportunity in Popular Meriton Shores Precinct

Leased Investment Opportunity - Leased to Greek Taverna.

• Fully fitted 128m2* functioning restaurant premise plus 88m2* exclusive use alfresco area plus
51m2* storage space and a lock up garage.
• Prominent Corner tenancy with strong exposure to Como Crescent and Merriton Precinct
• Complete operational fit-out includes all service connections, functional cool-room facility, fully-equipped commercial kitchen, wood-fired pizza oven plus further equipment and chattels
• Long term tenure, approx 12 years
• Continuous 3 year lease until 2025
• Option 3 x 3 years
• Estimated gross annual income $104,000 plus GST* due for increase July 2023

*Approx.

Please contact the listing agent for more details by clicking on the link above.

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.

Southport Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $8140 $256 3.15%
Offices $5470 $333 6.08%
Retail $7709 $365 4.74%
This is the average advertised price, rent and yield for Southport, QLD 4215*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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