Online Auction

Business and Pleasure Opportunity - Beachfront Retail Investment with Residence

+ Income $199,785pa + GST + Renewed 5 yr. lease to Subway – fixed 3% rent increases + Renewed 10 year lease to Foodworks + options to 2039 – fixed 3% rent increases + Rarely offered high quality retail + residential investment + Rare offering of prime retail investment combined with an impressive 2nd level residence of 1st class quality + Massive 1,763 sqm site with rear street access and 37 on-site car parks + Potential multi-storey future re-development + The residence has ducted air-con, 6 beds, 4 baths, 3 living areas, 115 sqm tiled deck + Designed to be split into two residences with separate entries