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Shingley Beach Resort, Lot 34/115 Shingley Drive, Airlie Beach, Qld 4802

Shingley Beach Resort, Lot 34/115 Shingley Drive, Airlie Beach, Qld 4802

Retail Hotel/Leisure

  • For Sale
  • 699,000
  • For Sale

Renewed Five Year Lease Plus Options to June 2029

  • Marina & Whitsundays Island views
  • 8% Plus return
  • Fixed 3% rent increases

  • Floor Area
  • 496 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Partial
  • Last Updated
  • Aug 29, 2019
  • Parking Comments
  • Ample street parking

Interested in this property? Contact an Agent today

Burgess Rawson (QLD) - Brisbane

Level 24,324 Queen Street

Brisbane City Qld 4000

Craig Chapman
Glenn Conridge

Renewed Five Year Lease Plus Options to June 2029

Price reduction - clear instructions to sell
Renewed 5 year lease to June 2024 plus 1 x 5 year option to 2029
As new restaurant comprising 496 sqm
Stunning location overlooking Abel Point Marina and the beautiful
Whitsunday Islands
Situated in the prestigious Shingley Beach Resort
Established residential base and Whitsunday tourism hotspot
Security bond equivalent to 6 months rent plus GST
Tenant pays water and trade waste expenses as per lease
Fixed 3% increases for the second term
Net Income: $56,752 pa + GST

Shingley Beach Resort, Lot 34/115 Shingley Drive, Airlie Beach, Qld 4802

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