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SOLD BY RAY WHITE
346 Shute Harbour Road is home to two very well established tenants and represents a very good investment with a net return of $170,000 per annum.
The tenants are Garuma Cafe & Bar established since March 2017 and Airlie Sun and Sand that is a mix of self contained holiday accommodation that is managed by Holiday in the Whitsundays.
Both the Cafe and accommodation have both been completely renovated and all motel rooms have been refurbished. Overall the building is very low maintenance.
Opportunities to buy a well maintained commercial property in Main Street Airlie Beach are rare. Fresh Leases have been signed for 3 years with 3 x 3 year options.
All outgoings are met by the Tenants.
EXPRESSION OF INTEREST CLOSE 29 JANUARY 2021
For further information contact Brett Dwyer 0447 583 759 or email brett.dwyer@raywhite.com
Shop 5/Building 2B Reef Plaza, 16 Paluma Road, Cannonvale QLD 4802
Call Brett Dwyer on
0447583759
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