Long Lease Investment in popular shopping complex
TENANT:
- High end beauty salon
LEASE:
- 5 Year Lease + option
- Net Rent $58,710 per annum + GST + Outs
- Outgoings - $930 per month (approx.) paid by tenant
PROPERTY:
- Quality fit out
- Versatile investment
- Hidden plumbing for commercial kitchen
- Grease Trap connection
- Local Shopping zoning
- Great exposure in a high traffic area
- Interior floor size 99m2
Seller Instructs Urgent Circumstances Must Be Sold
Contact Gordon (0476 279 779) or Kris (0410 082 283) for more information
The size of Runaway Bay is approximately 5.3 square kilometres. It has 12 parks covering nearly 26.4% of total area. The population of Runaway Bay in 2011 was 8,912 people. By 2016 the population was 9,066 showing a population growth of 1.7% in the area during that time. The predominant age group in Runaway Bay is 60-69 years. Households in Runaway Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Runaway Bay work in a professional occupation. In 2011, 65.2% of the homes in Runaway Bay were owner-occupied compared with 66.5% in 2016.
Runaway Bay has 5,303 properties. Over the last 5 years, Houses in Runaway Bay have seen a 88.45% increase in median value, while Units have seen a 86.98% increase. As at 31 October 2024:
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