<h3>The Beachfront Esplanade, Palm Cove - Shops 1 & 2 - The Beach Club Palm Cove
SUPER FUND SPECIALS
2 Commercial Retail Shops on the Beach-Front @ Palm Cove
SHOP 1 RENT $54,750 p.a. 73 sq m
SHOP 2 RENT $50,250 p.a. 67 sq m
> Leases commenced 1st July 20100
> Term 5 years ending 31st June 2015
> Option 1 - 5 years 1st July 2015 to 31st June 2020
> Option 2 - 5 years 1st July 2020 to 31st June 2025
> Option includes annual market review 30th June 2015
> Usage Retail / Fashion and Accessories
> Nett outgoings - 100% paid by tenant
The tenant operates a well established retail business, is held in high regard and has met all their obligations when due.
These shops will be offered separately at auctions and both are secure passive investment for any purchaser wanting cash flow, with a long established, successful business in a prime location of a fast growing area.
<strong>Will be priced to sell on auction day.
Contact Tony McGrath 0418 772 277 tony@theagentportdouglas.com for a detailed report.