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Lot 5, 11-13 Pearl St, Kingscliff

Pearl Street, Kingscliff

EOI Closes: Wednesday, 6 March 2019

POA
Price
139sqm
Size
retail

Description

4 year lease to Westpac until 2022 + option to 2025 Top ASX listed company with $89bn market cap Attractive 4% annual rent increases Lease requires tenant to pay outgoings including management fees Property comprises modern retail shop of 139 sqm enjoying a commanding frontage Convenient location in close proximity to Woolworths anchored shopping centre, major banks and Kingscliff?s main retail strip Kingscliff is a popular coastal town along the thriving Tweed coast, 10 km south of Tweed Heads and 15 km to Gold Coast Airport Easily managed, single tenanted investment Net Income: $75,389 pa + GST

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