



Jared Johnson and Edin Kara of Coastal Commercial are pleased to present Unit 2, 4 Marina Promenade, Paradise Point, for sale. Positioned within the Salacia Waters development, this ground-floor commercial property sits among waterfront residences, dining and boutique retail, with the Paradise Point Esplanade a short walk away. Its broad glass frontage brings natural light into the tenancy and gives the property a strong presence along Marina Promenade. This incredible asset benefits from a high-density collection of luxury residential developments in thriving Paradise Point, a waterfront suburb that is sought-after for its community feel and premier location. The property is leased to a popular local convenience store. The strong performing asset provides excellent tenant retention fundamentals, further supported by strong fixed annual increases. Property Highlights: • Approximately 75m² ground-floor commercial tenancy • Glass frontage with street-level exposure • Three-year lease commencing 5 May 2026, expiring 4 May 2029 • Two further options of three years each • Annual rent of $55,000 plus GST, with 3.5% increases each anniversary • Market rent review at the commencement of each option term • Highly desirable location underpinned by a wealthy demographic Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Email enquiry to COASTAL° Commercial
Property ID: 505256212
Original Property ID: 505256212