WATERFRONT AND MARINE INDUSTRY ZONED GEM

The Details

Location: Gold Coast, QLD

Type: Commercial

Purchase Price: $1,045,000

Net Rent: $81,300

Net Yield: 7.2%

Cashflow: $59,761 per year (70% loan @ 2.5%):

Lease: 3 + 3 year lease

Lettable Area:461m2

Why we love this property

High bay roller door for truck access

Two street access and truck bay for easy container set down

Waterfront and marine industry is zoned with a solid mix of tenants, allowing for a vast range of business uses

Ample amount of parking allocations

High yielding at 7% net yield