429 Golden Four Drive, Tugun QLD 4224

The site is positioned beach side Tugun with huge pacific highway exposure in close proximity to the airport and 100 metres and you are walking on pristine beach within a tightly help pocket of beach side properties.

There are several off street public car parking directly opposite this property which bodes well for the commercial shops. This property currently has a gross income of $56,000.000. The building(s) comprise of 2
commercial shops and an adjoining three bedroom residential dwelling. The total land area of the property is 433m2. The construction is masonry brick with metal roof.

The site allows for future development with the Gold Coast City Council and has the unique feature of potential dual access with that in mind.
You will be hard pressed to find much in the way of recent sales in this little beach side pocket that is within reach of most small to medium investors.

The tenancy mix is as follows :-
Shop 1 Barber Shop
Shop 2 Unisex Salon
House - Residential tenant

This well positioned site has the ability to offer a steady income stream with good tenancy mix with the added prospect of future redevelopment. With new apartments being built and sold in record speed there is an undeniable proof that beach side properties with good income are becoming more rare than ever before.

Please contact Costa Bousgas anytime for an information memorandum on 0412576566