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10/370 Shute Harbour Road Airlie Beach, QLD 4802

Sold for $650,000 on 14 Jul 2023
  • Building: 43m²
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Retail in Airlie Beach

SOLD BY RAY WHITE - CENTRAL AIRLIE BEACH INVESTMENT OPPORTUNITY

  • Building: 43m²

Located in the heart of the Airlie Beach main street, alongside multiple national brands such as McDonald's, Woolworths, BWS, Cotton On. This is a rare opportunity to purchase an investment property in the centre of this popular tourist strip.

  • Net Income of $40,100 per annum excl GST
  • Tenant pays outgoings (except sinking fund levies)
  • Leased to February 2025 + 3 year option to 2028
  • Annual increases of 5%, plus market review at the option
  • 43sqm plus approval to utilise area directly outside the tenancy
  • Tenanted by Fruits n Rootz, who offer a range of juices, smoothie bowls and gourmet sandwiches - popular with both locals & tourists
  • Information Memorandum available upon request

Airlie Beach is a major QLD tourism precinct and is the gateway to the Whitsunday Islands and Great Barrier Reef.

For further information, please contact the exclusive selling agent, Tracey Oates - tracey.oates@raywhite.com, 0458 474 050.

Building:

43m²

Tenancy:

Tenanted

10/370 Shute Harbour Road, Airlie Beach, QLD 4802