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Freehold - Investment - Shops - Great Opportunity For Sale

Brisbane, Queensland
Asking Price:
$1,500,000 (AUD)
Sales Revenue:
$140,608 (AUD)
Cash Flow:
$134,576 (AUD)

Freehold consisting of 4 separate shops and land package located on prime commercial site - The asking price covers the land, existing building consisting of 4 shops with separate tenancies.- Rental gross income is $140,579.20 p.a. & net income $134,579.20 p.a. - Review 3% p.a. -All tenants have long new leases and great overall presentation.

Potential
Huge potential to get DA for 3 storey commercial & residential building, end value to be $7.5 Mil.

Features
Very good longer lease tenants -Plenty of regular customer traffic -Well established - Great growth potential.

Premises
Freehold has an area of 809 sq.mts. land & 4 separate shops with individual tenancies.

Location
Situated near water in residential & commercial area in Brisbane East

Comments

Property information

Location:

Situated near water in residential & commercial area in Brisbane East

Business Operation

Expansion Potential:

Huge potential to get DA for 3 storey commercial & residential building, end value to be $7.5 Mil.

Years established:
1988

Contact Information

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