6/300 Marine Parade, LABRADOR QLD 4215

SUB $1m AUCTION - NEW 3 YEAR LEASE @ MARKET RENT

110sqm leased investment with 75sqm licenced area in the vibrant Marine Parade waterfront dining precinct.
Sea and Shore restaurant is backed by a seasoned operator with national restaurant experience.

Investment Highlights:
• New 3 + 5yr lease to experienced tenant
• $46,688 Est net annual rent (1st years rent)
• Fixed 3.5% annual increases
• 110sqm tenancy with 75sqm licenced area overlooking the Broadwater
• Storage area
• Residential prices with commercial returns

This investment is being sold by PUBLIC AUCTION at 10am, Friday 11th December 2020 for more information contact Steve Clark | CLARK Property Partners on 0400 338 434

Steve Clark

0400 338 434
stevec@clarkproperty.net.au

  • Land Area:

    110 sqm

  • Location:

    LABRADOR, QLD

  • Lease Period: