The Property is an older style, single level, strip retail building that has been configured into three tenancies with a total lettable area of 312m2. Two fronting Thomas Drive and a single tenancy fronting Karloo Street. Shared amenities are provided at the rear of Shops 1 & 2.
shop 1 is situated with frontage to Thomas Drive and is utilised as a restaurant. The tenancy comprises a modern fit-out including a commercial kitchen, a combination of timber look and tiled flooring, a combination of pendant and LED down lighting, reverse cycle air conditioning.
Shop 2 is situated with frontage to Thomas Drive and is utilised as a restaurant. The tenancy comprises a dated fit-out including a commercial kitchen, a combination of carpet and tiled flooring, down lighting, reverse cycle air conditioning and ceiling fans and private amenities.
This freehold property features as following:
- Single storey building
- Comprises of three tenancies
- Two street frontage
- Land area: 420m2
- Lettable area: 312m2
- Fully Leased
- Gross income $191,867.00
Contact Robert on 0401023501 for further information
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The size of Surfers Paradise is approximately 6.3 square kilometres. There are 20 parks, covering nearly 7.3% of the total area. The population of Surfers Paradise in 2016 was 23689 people. By 2021 the population was 26412 showing a population growth of 11.5% in the area during that time. The predominant age group in Surfers Paradise is 20-29 years. Households in Surfers Paradise are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Surfers Paradise work in a professional occupation.In 2021, 45.00% of the homes in Surfers Paradise were owner-occupied compared with 39.90% in 2016.
Surfers Paradise has 25,401 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 48.67% increase in median value, while Units have seen a 96.48% increase. As at 30 April 2026:
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