Palm Beach is a reckoned suburb of the Gold Coast with thriving shopping complexes, restaurants, hotels, tourist destinations, and many other businesses. It is an excellent place to open your business or invest to make a profitable asset. So, if you want to know what type of commercial real estate for sale in Palm Beach, I have a few suggestions. Have a look and see if they are within your budget and meet your requirements.
PRIME RETAIL INVESTMENT - LEASED TO SALVOS
Here your chance to own a prime retail property that is tenanted by the reputed Salvation Army for over 20 years. Structurally this commercial real estate for sale in Palm Beach, Gold Coast is divided into three shops one of which is tenanted. The gross rental return of the tenanted unit is $28,472 per annum and the rent is subject to annual reviews. The unit that is tenanted and up for sale is 49sqm in size and has internal bathroom facilities, a wide shop front, abundance of natural light, and ample on site and street parking options. The quoted price for this fantastic commercial real estate for sale in Palm Beach, Gold Coast is $399,000 with a net return of $23,336 per annum. So, get hold of this unit before anyone else does.
Corner Site - Beachside Development
This property is a rare commercial real estate for sale in Palm Beach, Gold Coast with 817sqm of building with 2 titles. It is on the beachside with a corner location overlooking the ocean. Structurally the building is divided into a restaurant area along with a beach cottage. At present the property is tenanted meaning it could be bought without paying GST as it would a going concern. The holding income is substantial and if you buy this commercial real estate for sale in Palm Beach, Gold Coast then you can profit exponentially. The location of the property is desirable as well since it is on the Gold Coast Highway and in the North Palm Beach neighbourhood centre. What’s more, it is well connected and surrounded by a host of retail shops, shopping centres, offices, and other commercial units. If you are interested in getting this property, then make your move now!
Want to explore more such commercial real estate for sale in Palm Beach? Then visit this site https://www.commercialproperty2sell.com.au/real-estate/qld/palm-beach/.
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