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Lot 2/38 The Esplanade, PARADISE POINT QLD (MLB 26/6/19)

The Esplanade, Paradise Point

Auction: Monday, 24 June 2019

POA
Price
59sqm
Size
retail

Description

Renewed 5 + 5 year lease Future redevelopment site facing The Broadwater Retail investment in exclusive waterfront enclave of boutique street-front dining and fashion precinct facing the famous Gold Coast Broadwater overlooking Sovereign and South Stradbroke Island Established ?Millie?s? Caf� & Takeaway with recent renewed 5 year lease to March 2024 with option to 2029 Subject property is one of four shops comprising a group title occupying 531 sqm of land with on-title parking at rear Zoned for future re-development (STCA) Gold Coast: 1 hour from Brisbane, with a population of 600,000 approx. is Australia?s sixth largest city and a leading tourism, business & events locale boasting arguably one of the best lifestyles in the world Tenant pays all outgoings, as per lease Annual CPI rent reviews Net Income: $67,000 pa + GST Auction 11am Tuesday 25 June 2019 Doltone House, Hyde Park, 181 Elizabeth Street, Sydney

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Lot 2/38 The Esplanade, PARADISE POINT QLD (MLB 26/6/19) | Nordmarq Property