Case Studies

Lot 5, 24-26 Queensland Avenue, Broadbeach
10 March, 2015 / Steven King

The Subject property consists 104m²* strata title shop with additional street front alfresco dining area. The lot is positioned in a popular dining precinct of Broadbeach within the Phoenician North building. The ground floor lot is leased to Redentor Brazilian BBQ and Bar on a long term lease that recently commenced. The lease consisted of a 5+5+5+5 year term. The current Nett income at the time of sale was of $108,000 per annum plus outgoings + GST. The property attracted...

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