6 Simpson Street,
Coolangatta, QLD 4225

Shops & Retail • Development Sites & Land • Warehouse, Factory & Industrial

Key property information

Land area

Floor area

Map of 6 Simpson Street

Directions

100% LEASED INVESTMENT - SET OF 5 FACTORIES WITH ATTRACTIVE RETURN

On offer this fully leased set of industrial factories located in the highly sought after Coolangatta - Kirra industrial precinct.

FEATURES

- Prime highly sought after industrial location.
- Easy asset management.
- Long standing tenancies on good lease terms.
- Development upside with foreseeable residential development opportunity.
- Low maintenance solid building.

TENANCY DETAILS

- 5 tenants on good leases with annual rent reviews.
- Gross income $65,893 inc GST
- Low outgoings
- Strong long standing tenants.

PROPERTY DETAILS

- Zoning: Industrial
- Lot size 1012sqm
- Building size 739sqm

PRICE: Offers Over $699,000

Additional information

External websites

External link 1

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