QLD 4216

110m2 Runaway Bay Qld with a highly successful tenant. The Can Tho Kitchen was established 25 years ago and has been the most successful Vietnamese restaurant on the Gold Coast. Early into this term of their long lease, the native Vietnamese proprietors keep re-inventing their menu to improve their extensive cuisine. It is a family inheritance in Vietnamese family culture that cooking standards and flavours are strictly carried through the family generations. No exceptions here.

Runaway Bay and the immediate neighbouring suburb of Biggera Waters are experiencing unprecedented population growth, especially the residential growth opposite Harbour Town. This enormous population growth guarantees Can Tho Kitchen’s future diners within walking distance.

The current net annual rent of $73,580.04, whereby the tenant pays all outgoings. This income provides a healthy, sensible market rental protected by the successful tenant.