Lot 419 Brighton on Shores, 1 Como Cres

CURRENT NET rental $106,344* plus GST per annum, 3% annual increases, and Three (3) x Five (5) year lease options from current expiry of 31st July 2025 (rent reviewed by 3% at each lease option).
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Tenant pays all outgoings, estimated at $19,000* plus GST per annum (separate retail CTS 34500).
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Comprised ground floor of 47 m2, upstairs of 93 m2 and one car park of 15 m2 = total of 155 m2*.
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Excellent SOUTHPORT location positioned under Meriton’s ‘Brighton on Shores’ mixed use residential and commercial development, including Woolworths, GP/associated medical and various restaurants including the most popular ‘Jasmin Room’ in the immediate proximity.
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Abundant street and visitor parking with a Gold Coast Tram station within 200* metres.
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PRICE GUIDE ~ $1,795,000 (going concern with lease in place).
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MORE information about the tenant holding company can be viewed here: https://stewartrddental.com/about/