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Freehold - Restaurant - Development opportunity

Business for Sale
Freehold - Restaurant - Development opportunity
Albany Creek QLD

Freehold - Restaurant - Brisbane North - Agent SBX Code Number: TTQN1093 Freehold commercial property for sale with an Italian Restaurant / Bar as the only tenant currently paying $79,000 p....

Price $1,550,000.00

Freehold - Restaurant - Development opportunity

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Freehold - Restaurant - Brisbane North - Agent SBX Code Number: TTQN1093

Freehold commercial property for sale with an Italian Restaurant / Bar as the only tenant currently paying $79,000 p. a. with a lease that expires 31 July, 2019 + 1 + 3 year options.

Potential

Redevelopment opportunity to construct two floor commercial building with offices upstairs and 4 shops downstairs.

Features

Regular rental income -Good investment plus future redevelopment opportunity. - Great overall location.

Premises

This commercial property has a building area of 387 sq.mts. on 884 sq.mt. block of land.

Location

Situated within the commercial precinct of an established residential suburb located approx.19 km. North of the Brisbane CBD.

Comments

Excellent opportunity for investor with regular rental income and redevelpoment potential. -Immediate & future development opportunity zoned District Centre under the MBRC Planning Scheme. - Tenant pays all landlords outgoings except for Land Tax of $2725 per annum.

Agent SBX Code Number: TTQN1093 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 195786
SBX ID: TTQN1093




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