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Shop 6, 1 Machinery Drive Tweed Heads South, NSW 2486

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Shop 6, 1 Machinery Drive,
Tweed Heads South, NSW 2486

Shops & Retail

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Map of Shop 6, 1 Machinery Drive

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RETAIL INVESTMENT - LONG LEASE - ESTABLISHED TENANT

Situated on a prime corner retail front position on Machinery Drive is this secure investment with a long lease to established business 'Pinto Thai'.

INVESTMENT DETAIL:

- 5 year lease expiring March 2024 + 5 year option.
- Net income $25,103 per annum
- Fixed annual reviews to 3%.
- Bond and guarantors.

FEATURES:

- 100sqm retail shop in retail shopping strip of (9) nine lots.
- Approved for retail food use.
- Grease Trap & exhaust canopy.
- Prime corner gateway position on Machinery Drive.
- Established tenant with excellent track record.
- 20 carparking spaces onsite.

PRICE:

$530,000 as a going concern.

For more information contact exclusive selling agents Towers Francis Property.

Tweed Heads South, 2486 demographic data

The median household income for Tweed Heads South is $976, 32% lower than Regional New South Wales's household income of $1,434. Tweed Heads South has an older age profile compared to the rest of Regional New South Wales (median age 52 vs 43). Property ownership data shows 33% of property owners in Tweed Heads South have a mortgage.

7,941
Population
$976 per week
Median household income
52 years
Median age
Owners
Most residents
Families
Most households
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Shop 6, 1 Machinery Drive
Tweed Heads South, NSW 2486
Towers Francis Property - TWEED HEADS SOUTH
Suite 2B Tweed Office Park, 24-28 Corporation Ct
TWEED HEADS SOUTH, NSW 2486

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