SOLD

42 The Esplanade, Surfers Paradise, QLD 4217


Amazing investment opportunity!

We are delighted to present to the market for sale, shops 10,11,13 & 14 / 42 The Esplanade - Surfers Paradise. This multiple income investment opportunity is what you have been looking for. With the Gold Coast population projected to increase from 600,000 to 1,000,000+ people over the next 10 years, it is prime time to secure a blue chip investment right in the heart of the booming Surfers Paradise.

Shop 10 & 11 are on the ground floor across the road from the beach. Shop 11 is leased to a Surfers Paradise Convenience store and the other is vacant.

Office space 13 & 14 are on the first floor and are both accessed from Elkhorn Avenue by the grand Carrara marble staircase. Shop 13 is now leased to local real-estate company “The Professionals”. Shop 13 boasts amazing Elevated Ocean and beach views.

Opportunities like these don't hang around for long! Not many shops are offered for sale that are across the road from the beach in Surfers Paradise.

Availability:
Unit 10: 81m2 of Ground Floor space - For sale $1,100,000 + GST / For lease $80,000 Net PA
Unit 11: 59m2 of Ground Floor space (Leased) returning $70,564 Net PA – For sale $1,100,000
Unit 13: 236m2 of First Floor space (Leased) returning $86,363 Net PA – For sale $1,350,000
Unit 14: 108m2 of First Floor space – For sale $600,000 + GST/ For lease $40,000 Net PA

Total passing net income is $156,927 per annum with a total projected net income of $276,927 net per annum.

*Strong location to cater to both the local and tourist markets
*Picturesque Location opposite Surfers Paradise Beach
*Exposure to Thousands of Passing Cars and tourists daily
*Plenty of street parking within walking distance
*4 secure car parks in basement

Enquire for an inspection today

LOCATION:
- Directly opposite World famous Surfers Paradise beach in Surfers Paradise
- 50meters from Orchid Avenue
- 100meters from SOUL & Cavil Ave mall
- Approximately 22kms from Gold Coast airport
- Over 10million visitors to the Gold Coast each year

Disclaimer: The above information has not been verified. We advise you confirm the accuracy of details before entering into a contract. Amir Prestige and its employees cannot be held responsible for any inaccurate details supplied here.

Property Info

Municipality
Surfers Paradise

NEARBY PROPERTIES

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