Colliers is pleased to present 4-10 Philippine Parade, Palm Beach for sale via Public Auction.

This fully leased investment consists 6 retail shops, plus 2 upper level two bedroom apartments, and is positioned well within a thriving Palm Beach residential precinct. Offering ample income upside potential the asset additionally boasts a very large 808m²* future developable land area.

Features include:

- 6 x Retail shops all leased
- 2 x 2 bed residential apartments fully leased
- 808*m²* land over 4 allotments
- Rear lane access and car parking
- Rarely offered multi-tenanted commercial investment opportunity
- Net Income: $100,537pa + GST

Freehold Investments offering the diversity of multiple tenancies, are extremely rare and tightly held on the Gold Coast at this time, particularly within popular residential precincts such as this, don’t miss this outstanding opportunity.

4-10 Philippine Parade Palm Beach, is for sale via Public Auction, to be held in Rooms at Colliers Office on the 11th November 2021 at 11.30am.

For more information contact Colliers exclusive agents, James Crawford 0423601063 or Steven King 04177895....

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