Shop 2 & 3/118 Griffith Street COOLANGATTA QLD

Here on offer two strata shops currently leased to one tenant, located with prime retail position under the Beach Comber Resort Central, Coolangatta. FEATURES: - Excellent tenant 'Lucky 7 Convenience Store' - Located in the central hub of Griffith Street - Excellent surrounding tenancy mix - Easy asset management - Huge upside for income growth tenant paying only $340 PSM GROSS, well under market rent - Low maintenance investment - Future potential to lease as two shops LEASE: - Currently leased at $26K GROSS per annum - Lease expires 31/12/2015, market review at this option This investment would suit astute small investor seeking prime retail space with superior long term gain and existing cash flow. PRICE: $350,000