Medical & Friendly Grocer Investment - Net Income $166,250 + Gst + Outgoings
4101/3027 The Boulevarde, Carrara, QLD 4211
On behalf of the vendor, Jackson Rameau from Ray White Commercial
Gold Coast, has exclusive privilege to present this ground-floor, blue-chip investment.
Anchored by two tenants, the first being the pre-existing tenant known as Holistic Dental Care Gold Coast who hold a near new 5 x 5 year lease occupying 268m²* of NLA. The second tenant is a convenience store operating under the official Friendly Grocer. This franchise have already commenced fit-out works prior to the commencement and have executed a brand new 5 x 5 year lease over 207m²*. The total net lettable area of the lot equating to 475m²* with prime street frontage.
This investment property incorporates the below attributes;
- Total Net Lettable area of 475m²*, entire ground floor position
- Net Income of 160,070.24* per annum + GST + Outgoings
- Tenancy 1-3: Holistic Dental Clinic has a 5x5 year lease over 268m²*
- Tenancy 4-5: Friendly Grocer Convenience Store has a 5x5 year lease over 207m²*
- Tenants are on net leases (all outgoings are paid for by the tenants)
- Tenancies service the neighbouring Emmanuel College Private School
- Weekly farmers market every Thursday evening
- 3 minutes' drive to the GC SUNS, Metricon Stadium
- 5 minutes' drive to the M1 Motorway
- 10 minutes' drive to the Pacific Fair Shopping Centre
- 15 minutes' drive to the Gold Coast Beaches
- Owning entity must sell the property at auction, do not miss out.
Auction:
Thursday 21st October 2021@ 11am
Gold Coast Turf Club, Bundall
The original developing entity is selling the asset for the first time in history. They have given clear instructions to have the property sold on or before the auction, with all serious offers being considered prior.
Inspection times are as follows;
- Monday 27th September between 5.30pm-6pm
- PUBLIC HOLIDAY - Monday 4th October - Not Avail...