Unit 1/42 Marine Parade,
Coolangatta, QLD 4225

Offices • Medical & Consulting • Shops & Retail

Key property information

Floor area

Sold on

Map of Unit 1/42 Marine Parade

Directions

Freehold Commercial Unit For Sale Offering A Great Return For An Investor

Prime corner freehold investment commercial unit for sale showing approximately 6.50% net return at the asking price.

INVESTMENT DETAILS:
* Tenants in place willing to sign a new lease
* Floor area - approximately 74m2
* Annual fixed rent reviews
* 100% outgoings paid by tenants
* Net return 6.50% approximately at asking price

FEATURES:
* Modern building adjacent to beach and base of Kirra Hill
* Located in the Coolangatta CBD
* Great investment opportunity
* Ample off-street parking

For all enquiries and further details, contact Lenny McLennan on 04176040... or Melissa Young on 0487 210 7...

Coolangatta, 4225 demographic data

The median household income for Coolangatta is $1,331, 12% lower than Regional Queensland's household income of $1,507. Coolangatta has an older age profile compared to the rest of Regional Queensland (median age 50 vs 41). Property ownership data shows 34% of property owners in Coolangatta have a mortgage.

6,491

Population

$1,331 per week

Median household income

50 years

Median age

Owners

Most residents

Families

Most households