Shop 2 / 10-16 Brisbane Street,
Murwillumbah, NSW 2484
Shops & Retail
Key property information
Floor area
Sold on
Map of Shop 2 / 10-16 Brisbane Street
HUNGRY FOR RETURN - RETAIL FOOD INVESTMENT - CIRCA 8%
Located directly opposite Murwillumbah's regional Shopping Centre, this retail food shop and restaurant is in the centre of the CBD.
Securely leased to Sushi Mur-Bah until the 31st January 2020 plus a 5 year option to renew - This offering wont last long !
INVESTMENT DETAIL:
- Net rental $42,582.85 P.A + Outgoings + GST
- 5 + 5 year lease commenced 1st February 2015.
- Annual fixed increases set at 4%
FEATURES
- New lease to long standing tenant.
- 100sqm ground floor shop
- Council approved for food
- Parking at rear.
- Excellent depreciation allowances.
PRICE: $545,000 showing 7.8% net return at asking price.
For full details and information memorandum contact exclusive selling agents Towers Francis Property.
Securely leased to Sushi Mur-Bah until the 31st January 2020 plus a 5 year option to renew - This offering wont last long !
INVESTMENT DETAIL:
- Net rental $42,582.85 P.A + Outgoings + GST
- 5 + 5 year lease commenced 1st February 2015.
- Annual fixed increases set at 4%
FEATURES
- New lease to long standing tenant.
- 100sqm ground floor shop
- Council approved for food
- Parking at rear.
- Excellent depreciation allowances.
PRICE: $545,000 showing 7.8% net return at asking price.
For full details and information memorandum contact exclusive selling agents Towers Francis Property.
Murwillumbah, 2484 demographic data
The median household income for Murwillumbah is $1,147, 20% lower than Regional New South Wales's household income of $1,434. Murwillumbah has an older age profile compared to the rest of Regional New South Wales (median age 46 vs 43). Property ownership data shows 46% of property owners in Murwillumbah have a mortgage.
7,616
Population
$1,147 per week
Median household income
46 years
Median age
Owners
Most residents
Families
Most households
Shop 2 / 10-16 Brisbane Street
Murwillumbah, NSW 2484
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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