430 Esplanade, TORQUAY QLD

Rare offering of prime retail investment combined with an impressive 2nd level residence of 1st class quality Renewed 5 year lease to Subway with fixed 3% rent increases Renewed 10 year lease to Foodworks plus options to 2039 - fixed 3% increases Quality solid brick construction Massive 1,763 sqm site with rear street access and 30 on-site car parks Potential multi-storey future re-development The residence has ducted air conditioning, 6 beds, 4 baths, 3 living areas, huge 115 sqm tiled deck overlooking Hervey Bay beach and foreshore parkland Designed to be split into two residences with separate entries Opportunity for the perfect holiday home and retail investment combined Net Income: $199,785 pa + GST For sale via online Auction commencing Monday 1 July 2019 and closing 2pm Thursday 4 July 2019. Contact Agent for details and registration forms. AuctionWorks Property Auction Link: https://www.auctionworksonline.net.au/properties/577-430-charlton-esplanade-hervey-bay-4655-qld-australia.html