Mermaid Beach Billabong store for auction

Mermaid Beach Billabong store for auction
Mermaid Beach Billabong store for auction

A Mermaid Beach, Gold Coast investment property is set for October 27 auction through Ray White Commercial Gold Coast.

The 979 sqm site is leased to Billabong International Limited at 2251 Gold Coast Highway.

Ray White Commercial Gold Coast's Steven King said there was a 10-year lease expiring in August 2018 with a five-year option.

Mermaid Beach Billabong store for auction

The property is returning net rental income of $368,706 per annum.

Set on the corner of the Gold Coast Highway and Wave Street in highly sought after Nobbys Beach, some 45,000 cars pass daily. 

Tags: 
Gold Coast Billabong

Comments

Be the first one to comment on this article
What would you like to say about this project?