$355,000

National tenant in place, current lease expires February 2025. Tenant paying $3,402 incl GST per month

113m2 over two shops, one utilised for retail and one currently set up with postal boxes. There is also car parking/storage under the building on the Lot Titles.

The property is situated in the popular coastal village of Rainbow Beach. Only 2.5 hrs north of Brisbane, the gateway to Fraser Island with a permanent population of approximately 1,200. Both shops are within a strata titled precinct just off the main street of town. Thriving and successful businesses nearby include a Restaurant, gift store and Hotel. The licenced Australia Post Office tenancy has a modern fit out in the retail area, offers banking services (no bank in Rainbow Beach) and has loyal customers.

Rainbow Beach is growing community and there is no postal delivery or bank, so all residents do banking, pick up mail and parcels here. The town boasts a primary school, doctor, pharmacy, police station, public swimming pool, IGA and grocery store as well as plenty of Restaurants and cafes and thousands of visitors per annum.

Property Code: 1303