309/87 Griffith Street,
Coolangatta, QLD 4225

Offices

Key property information

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Tenure type

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Map of 309/87 Griffith Street

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Professional Investment

This commercial office investment property has been home to the same Accountancy practice for approximately 20 years. It is now being offered For Sale with a long term lease in place.

- 175m2 commercial office space
- Exceptional location in Coolangatta CBD with ocean views
- 5 year lease with a 2x 5 year option
- Current net rental $67,392
- 4% annual increases with market review at the end of year 4
- Fully fitted out by Lessee

The property is located in the heart of the Coolangatta CBD with Ocean Views and excellent exposure.

Solid investment with long term professional tenant in place on an attractive lease.

For further information or to arrange your inspection please contact the Exclusive Listing Agent Greg Watson.

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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

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