Representing - 7% net return on investment DJ Stringer Commercial is proud to present this refurbished, securely leased fully furnished prime 65m2 Retail suite located on Griffiith Street podium level under the iconic Beachcomber Residential tower. This is a unique opportunity to acquire a prime location retail suite that has strong community ties and a reliable income stream. Don't miss out on this chance to step into a thriving investment opportunity with all the necessary support in place. The long term tenant Ms Guihua Xu has been operating for over 7 years in this location as a health professional. Guihua is trained and offering services as a Massage Therapist, & Myotherapist. Prime location strategically situated on a major road with excellent visibility and ample parking options nearby, ensuring easy access for clients. Community Hub. Nestled on podium level of the Beachcomber residential tower within a bustling retail and residential neighborhood and shopping center, benefiting from high foot traffic and a strong local presence. Established Success: Enjoy the advantage of a well-established solid wellness, massage business with a dedicated and loyal customer base that has been built over years of exceptional service. FEATURES: - Ground floor corner retail space 65m2 - Massive glazed shopfront - High Foot-Traffic location - Ducted air-conditioning throughout - Very secure - Excellent existing professional tenant past 7 years' - Located in the central hub of Griffith Street - Excellent surrounding tenancy mix - High exposure Retail shop - Easy asset management - Low maintenance investment LEASE: - Currently leased at $42K Net per annum + GST - Current Lease expires 31/10/26 with Further 3-year option, 3% Increase next term - Outgoing 100% recoverable from tenant - All outgoings paid 100% by tenant (Body Corp/Strata = $3,737.54 PA, GC Rates = $3,510.90 PA, Water Rates = $1,820.00 PA = $9,068.44 PA TOTAL - $174.39 per week paid by tenant This investment would suit astute small investor seeking prime retail holding with superior long-term gain. To arrange an inspection of this great investment opportunity, please contact Exclusive Commercial Sales Agent, Peter Antony, DJ Stringer Property Services. 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.
