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Investment Property - Greek Street Grill, Labrador
Investment Property - Greek Street Grill, Labrador
Investment Property - Greek Street Grill, Labrador
Investment Property - Greek Street Grill, Labrador
Investment Property - Greek Street Grill, Labrador
Investment Property - Greek Street Grill, Labrador
Investment Property - Greek Street Grill, Labrador
Investment Property - Greek Street Grill, Labrador
Investment Property - Greek Street Grill, Labrador
Investment Property - Greek Street Grill, Labrador
Investment Property - Greek Street Grill, Labrador

For Sale

Auction 10th Dec 2020 Colliers International Gold Coast Office
Colliers International are excited to present an opportunity to acquire a waterfront investment property featuring Greek Street Grill (Greek Restaurant/Takeaway) within 'Aqua On The Broadwater'. The venue is within a retail precinct surrounded by dining and lifestyle tenants and is at the base of a prestigious residential tower.

The investment consists of one tenancy (Lot 14) of 58sqm* plus an additional 10sqm* of exclusive external alfresco.
Greek Street Grill currently generates the investment a passing net income of $41,230 p.a* and is on a 2-year lease term, followed by 2 sets of 3 year options.

Investment Highlights:

• Waterfront Investment Property
• Current Passing Net Income of $41,230 p.a*
• 58sqm* of NLA with 10sqm* external alfresco
• Items of Inventory/Fit out remains for purchaser
• 2 year initial term, 2 sets of 3 year options following
• Located 4.4km north of the Gold Coast CBD

If you would like a copy of the Information Memorandum or have any questions, please contact the exclusive marketing agent Ryan Chandler.

Lot 14, 300 Marine Parade, Labrador is for sale via public auction on Thursday 10 December 2020 (11.00am In Rooms) if not sold prior. Offers can be presented prior to auction, seller is motivated.

*All areas, distances and figures are approximate only.
  • 08/12/2020
  • Contact our experts for details on this transaction