1/15 Lawrence Drive,
Nerang, QLD 4211
Shops & Retail • Warehouse, Factory & Industrial
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Map of 1/15 Lawrence Drive
FEAST ON THIS MULTI TENANTED OFFERING Return $38,477 net
Located in the heart of Nerang's Industrial precinct, this multi tenanted offering is leased securely to two proven food operators.
INVESTMENT DETAIL:
1.'Snack Station'> Takeaway/Cafe which has been located in this position for over 10 years
- Lease 5 + 5 years
- Rental $33,000 p.a + GST (gross)
- Fixed 4% annual increases
2. 'Rice Culture'> Food production for specialty Japanese cuisine items.
- Lease 3 + 3
- Rental $12,000 p.a + GST (gross)
- Annual increases CPI
NET RETURN
$38,477.12 P.A + GST + Outgoings
FEATURES:
- 187sqm total space (divided into 125sqm & 62sqm approx)
- Fully fitted and approved for food operations.
- Front unit of complex with retail exposure to Lawrence Drive.
- Two income streams.
- Long Secured lease agreements.
PRICE: $520,000
Call Towers Francis Property for inspection or information memorandum.
INVESTMENT DETAIL:
1.'Snack Station'> Takeaway/Cafe which has been located in this position for over 10 years
- Lease 5 + 5 years
- Rental $33,000 p.a + GST (gross)
- Fixed 4% annual increases
2. 'Rice Culture'> Food production for specialty Japanese cuisine items.
- Lease 3 + 3
- Rental $12,000 p.a + GST (gross)
- Annual increases CPI
NET RETURN
$38,477.12 P.A + GST + Outgoings
FEATURES:
- 187sqm total space (divided into 125sqm & 62sqm approx)
- Fully fitted and approved for food operations.
- Front unit of complex with retail exposure to Lawrence Drive.
- Two income streams.
- Long Secured lease agreements.
PRICE: $520,000
Call Towers Francis Property for inspection or information memorandum.
Property ID: 502096658Last Updated: 19 Jun 2017
1/15 Lawrence Drive
Nerang, QLD 4211
Towers Francis Property - TWEED HEADS SOUTHSuite 2B Tweed Office Park, 24-28 Corporation Ct
TWEED HEADS SOUTH, NSW 2486
TWEED HEADS SOUTH, NSW 2486
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