37 Beryl Street TWEED HEADS NSW

Superb opportunity to diversify & or add to your investment portfolio with this stylish ' Queenslander ' commercial residence fully modernised and leased to Tweed Coast Dental for in excess of $53,000 Per Annum. KEY FEATURES : - Beautifully restored main residence with stain glass windows & ornate fretwork - All health requirements associated with the fit out for the tenancy - Fully air-conditioned - Extensive under house & lockable storage areas - Rear car park to accommodate approximately 8-10 vehicles TENANCY PARTICULARS : - Dental Advantage Consulting Group Pty Ltd : T/A Tweed Coast Dental - Lease commenced 1st April 2011 & expiring on 31/3/2016 - Current base rental $53,634.54 PA + GST + Outgoings - All outgoings payable by the tenant - Options to renew for 2 x 5yr terms ( 2016-2021 + 2021-2026 ) - Annual rental reviews CPI ( market rent at year 1 of each option ) PROPERTY PARTICULARS : - Land Area: 594.40 SQM ( Dimensions: 15.09m X40.23m ) - Zoned (3b ) general business , right for multi dwelling residential LOCATION : Beryl Street is a strong residential area slowly becoming a magnet for professional & medical practitioners alike. It is moments to Coolangatta / Tweed & virtually opposite the popular Greenbank district , which is home to Jack Evans Boat Harbour , Twin Towns, Council office , Tweed Bowls & the Tweed Hospital , all just a mere 500m as the crow fly's. In addition, Coolangatta Airport & Southern Cross University are both within (5) minutes with John Flynn Hospital another (5) minutes to the North. Popular beaches at D-bah , Snapper , Rainbow , Greenmount & Kirra are all within a few minutes. AGENTS COMMENTS : This terrific property is a ' bite sized ' commercial investment with an A-Grade tenant in place returning over $53,000 NETT !! Whether you are passive property investor , seasoned Commercial guru or hunting something positive for your Super Fund , this property is a perfect choice. INTEREST AROUND $600K Call David Stringer