10/300 Marine Parade, Labrador, QLD, 4215

$732,000
Sold on 18th December 2020
Sold
retail

6.94%* RETURN - LONG LEASE A BARGAIN AT ONLY $749,000

LONG TERM TENANT – STUNNING LOCATION

“HARLEY SEAFOOD TAKEAWAY”

First time available in over 16 years – leased to long term tenant

– Prime location overlooking the Broadwater – extremely popular weekend lunch spot
– 40m2* tenancy PLUS 16m2* alfresco exclusive use dining with stunning Broadwater views
– Harley Seafood has operated on the shores of the Broadwater in Labrador since 1945 and has traded successfully in its current location since 2004
– The long term tenant has a 3 + 3 + 3 year lease – Commencement March 2020
– Rent is $52,000pa + GST (Tenant pays all outgoings) providing 6.94% return
– Adjacent to Baskin Robbins and other busy eateries
– 120* public seats and tables across the road on the boardwalk and public jetty

THE OWNERS ARE SERIOUS TO SELL AND WILL CONSIDER CLOSE OFFERS!

PRICED TO SELL AT $749,000 – 6.94% RETURN

Contact Exclusive Agent For Further Details;

Wayne Devenport
0403 292 629

* APPROXIMATELY


Property Details
Property Type: Commercial
Floor Area: 40 SQM

Property Location