59m2
11/42 The Esplanade
Surfers Paradise QLD 4217
Sold for $950,000
Ground Floor Retail Opportunity
Currently leased at $70,565 per annum, this investment opportunity offers a chance to secure a prime location shop right opposite the Surfers Paradise Beach with plenty of passing foot and car traffic. Body Corporate approximately $9054, Rates $5867, Water $1200. Net return $54,444 per annum. The lease matures 30/9/2025 and the tenant has a 5 year option to extend. Great returns. One basement carpark included.
Related Information & Disclaimers
Property ID: 1169175
Professionals Southport
204 / 2 Nerang Street, Southport QLD 4215