SOLD
SOLD
SOLD
SOLD
SOLD

Secure CBA Investment 5% Rent Increases

2 & 32/11 Pearl Street , Kingscliff NSW

Property Highlights

Prominent retail location
3 year lease until October 2022
Attractive 5% rent increases

Description

Renewed 3 year lease until October 2022 plus options until 2025
Attractive 5% rent increases
Lease requires tenant to pay outgoings including management fees
Modern 158 sqm retail premises with commanding double frontage
Close to Woolworths anchored shopping centre, other banks and Kingscliff’s retail strip
Kingscliff, a thriving town on the Tweed Coast only 15 km to Gold Coast Airport

Net Income: $108,817 pa + GST

For Sale by Private Treaty
Indicative Price: $1,500,000 (7.25% Yield)

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Bank
Building Area
158 SQM

Price

Contact Agent

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