For Sale $710,000 | Restaurant | 3.9 Year Lease Remains | Circa 7% Yield

Colliers are excited to present the opportunity of acquiring an income producing investment that must be sold ASAP. Shop 1, 56 Scarborough Street is a 72.4sqm restaurant tenanted by Chilukas Indian Bistro which has 3.9 years remaining on their initial lease term, followed by another 2 x 5 year options. Offered to the market as an income producing investment, this will suit both new and experienced investors.

The property is located in Southport's Priority Development Area (PDA) with extraordinary foot traffic daily and direct ground floor frontage to Southport Centrals retail precinct. Situated a few short steps away from Australia Fair, the opportunity offers exceptional retail and dining amenity and nearby public transport including the G-Link light rail providing connectivity across the Gold Coast.

Investment Highlights:
• Popular Indian Restaurant With Strong Following
• Great Value For Money Investment
• Located in the Southport Central Retail Precinct
* Highly Motivated Seller

For Sale immediately seeking $710,000, contact exclusive marketing agent Ryan Chandler today to find out more.

All areas, distances and figures are approximate

*Approximate