For sale: Property Details Property ID - commercial34
11/128 Lae Drive RUNAWAY BAY, QLD $1,300,000

Fee Offered: 20% of Selling Fee fee includes GST

Description: Quality Commercial Investment Opportunity

Sale TypePrivate Treaty
Outgoings IncludedNo
Floor Area107 m2
Ginos, the iconic Runaway Bay dining experience is the tenant in this fantastic commercial offering.

Three and a half years into a 4 year lease term, with a further two 4 year options available, this property offers the potential to purchase a quality, high exposure retail property with a proven tenant who has been operating profitably for the past 13 years.

The property is located on the busy LAE Drive and Oxley Drive roundabout, in a complex which contains quality operators such as BWS, Foodworks and other well known local businesses.

The property offers:

* Long term tenant 6 months into a 4 year lease with options to run;
* 107m² with HUGE frontage to the street;
* Licence to use alfresco area down the side of the property;
* Town gas plumbed into the property;
* Landlord owns all kitchen fit-out in the property;
* Nett lease offers attractive return;
* Property could possibly be purchase on a vacant possession basis;
* Grease trap in complex;
* Good carparking for staff and diners;
* This property has many possibilities so call now to discuss.
DISCLAIMER: Subject to the provisions of the Trade Practices Act 1974 and subject to any other non-excludable statutory provisions. Conduco Pty Ltd t/as NAI Harcourts Gold Coast for themselves and for the Vendors of this property for whom they act give notice that all information given in relation to this property whether contained in this document or given orally, is given without responsibility and intending purchasers and tenants should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advice or as is otherwise necessary. No person in the employment of Conduco Pty Ltd t/as NAI Harcourts Gold Coast has any authority to make or give any representation or warranty in relation to this property.

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