Established & Successful Pub Group
Description
Massive 7,862*sqm corner site adjoining new residential and opposite Woolworths
Attractive 3% annual rental increases
Net Income: $1,040,000*pa plus GST (on completion)
- Architecturally designed licensed tavern and drive-thru bottle shop to be completed in July 2022
- Experienced lessee ‘The Good Times Pub Group’ has seven licensed premises and is owned by Morris International
- Developer & Builder ADCO – one of Australia’s largest most successful property groups
- Positioned in a high demand expanding residential area offering a unique blend of lifestyle and urban amenities
- Pimpama: Fastest growing suburb in Queensland
- Lease Term: Ten (10) Year lease plus Two (2) x Ten (10) Year options
- Tenant pays all usual outgoings, as per lease
- Brand new building with significant tax depreciation benefits available
Address
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State/county: Queensland
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Area: Gold Coast
Details
Updated on August 28, 2023 at 2:52 am-
Property ID CECI-2605
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Property Type Hotel/Pub
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Property Status Sold
Contact Information
All figures and site boundaries are approximate. All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries and obtain their own independent advice, in order to verify the information.
