Marine Parade retail and residential asset for sale - REAL Specialists Commercial
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Jan 18, 2021
Marine Parade retail and residential asset for sale - REAL Specialists Commercial
A commercial and residential free standing building on Marine Parade Kingscliff beach is for sale by Darren Jones and Jared Hodge of REAL Specialists Commercial.
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REAL Specialists Commercial96a Marine Parade, KINGSCLIFF.
Selling agents, Darren Jones and Jared Hodge are taking offers to purchase the property on or before 12th February 2021.
Located at 96a Marine Parade, the well-presented freestanding commercial building is in the heart of the Kingscliff CBD and offers a mix of commercial and residential units on one title. The property has dual street access and car parking at the rear.
The building consists of two fully tenanted shops plus two renovated apartments each comprising three bedrooms and two bathrooms. The apartments have balconies offering outstanding views over Kingscliff’s main beach plus lock-up garages and are one unit per floor.
The commercial shopfronts provide a net annual income of about $67,551 while the quality apartments are leased when not occupied by the current owner. Estimated rental is between $900 and $1100 per week, per unit.
The property has a net lettable area of 510 square metres while the site area is 518 square metres and zoning is B4 Mixed Use.
Mr Jones said the property delivers the prized opportunity to purchase an income-producing freestanding building in the tightly held Kingscliff CBD adding that “astute investors should not miss the opportunity to own this impressive asset.”
Mr Jones said Kingscliff is one of the most coveted coastal towns with population set to rise significantly over the next couple of years.
Mr Hodge commented that the property is perfectly positioned opposite Kingscliff beach and surrounded by popular cafes, restaurants and quality retailers, adding that the site is a rare opportunity to purchase a freestanding building in such an idyllic location.
Marine Parade offers easy access for pedestrians and cyclists to move from the historic town centre to the emerging new communities along the Tweed Coast.
“The property is about 45 minutes from the Surfers Paradise, less than 20 minutes to the Gold Coast Airport and just under an hour from Byron Bay,” Mr Jones added.
For any further information please contact Jared Hodge and Darren Jones of REAL Specialists Commercial via the contact details below.
Click here to view the listing and for more information.
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Important Information:
Contact details:
Jared Hodge
REAL Specialists Director
+61404 809 580
Email
15024
11826
Jared Hodge
Darren Jones
REAL Specialists Commercial
+61 402 188 648
Email
15024
9855
Darren Jones
