82 Griffith Street
Coolangatta


By Negotiation

Property Features


Property ID: 3391889

Council Rates
$3710 per 6 months
Building Size
266 m2
Land Size
164.00 m2

FULLY LEASED CBD FREEHOLD INVESTMENT - $129k + PA


DJ Stringer is proud to market 82 Griffith St Coolangatta for sale, which has been held by the sellers family since the complex was built in 1994.

The fully leased dual level income producing freehold Commercial property is situated in the central main shopping and business district of Coolangatta and comprises of (3) individual tenancies, with a current Gross income of $129,252 per annum.

PROPERTY PARTICULARS:

- Property Address:  82 Griffith Street, Coolangatta

- Real property description: Lot 40 RP 100298

- Land use: Single shop & professional offices

- Unimproved Capital Value (land only for rating purposes): $480,000

- Land size: 164m2

- Net lettable areas: shop A 147m2 / office B 67m2 & office C 52m2 = total 266m2

- Facilities: Male & female toilets are within Shop A and there are communal toilets on the upper level to facilitate the offices. Office B has a lovely alfresco style balcony & each premises has a kitchenette & is airconditioned, which forms part of the premises.

TENANCY DETAILS:

Shop  A  - Tursa Employment (have been an A1 tenant in the premises for over 10 years)
Office B - Nursing Home Services
Office C - Cosmetics

LOCATION:

This highly visible property is centred in the busy main street of Coolangatta next door to the prominent NAB, near the corner of Warner Street, which extends approximately 200m to the picturesque beachfront esplanade.

The subject property is surrounded by retail & professional offices and the recently upgraded Strand Shopping Centre is directly opposite.

The Gold Coast International Airport & Southern Cross University are within (5) minutes, as too the access to the M1 which will have you in Brisbane in around an hour.

Coolangatta hosts many major events throughout the year including, Australian Surf Lifesaving, Ironman, Cooly Rocks On and the Quicksilver and Roxy Pro Surfing contests.


AGENT'S COMMENTS:

A strategically positioned prime Commercial property with a solid and stable rate of return.

The subject property is being sold by way of 'Private Treaty' & all offers to purchase are to be provided to the Agent in writing, for the sellers consideration.

Please note there is no GST as the property is being sold as a 'going concern'. Upon acceptance, a Contract of Sale will be provided for execution.

This property would make a wonderful addition to any investment portfolio, Super fund & or future owner occupier and is therefore likely to draw strong interest.

Please contact marketing agent David Stringer in the strictest confidence for further details and to obtain an Information Memorandum.


Disclaimer:
All information contained herein is gathered from sources we believe to be reliable.  DJ Stringer Property Services Pty Ltd and its staff will not be held responsible for any act or omission arising from the accuracy of such material. We cannot guarantee its accuracy and interested persons should rely on their own enquiries. Such enquiries should include, but in no way limited & directed, to your legal representative, any local authorities, the Contract of Sale and in the event of a Unit, Strata Title or Community Title, refer to the Body Corporate, Community Management Statement & Disclosure Statement for any information on the property, Common Property & Exclusive use areas, that may directly or indirectly affect this property.

Property Tools