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Unit 2/42 Marine Parade Coolangatta, QLD 4225

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Unit 2/42 Marine Parade,
Coolangatta, QLD 4225

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Map of Unit 2/42 Marine Parade

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Prime Freehold Commercial Unit For Sale Offering A Great Return For An Investor

Prime corner freehold investment commercial unit for sale showing approximately 6.75% net return at the asking price.

INVESTMENT DETAILS:
* Tenant in place
* Floor area - approximately 93m2
* Annual fixed rent reviews
* 100% outgoings paid by tenants
* Net return 6.75% approximately.

FEATURES:
* Modern building adjacent to beach and base of Kirra Hill
* Located in the centre of Coolangatta CBD
* Great investment opportunity
* Ample off-street parking

For all enquiries and further details, contact Lenny McLennan on 04176040... or Melissa Young on 0487 2107...

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
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Unit 2/42 Marine Parade
Coolangatta, QLD 4225

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