Freehold - Restaurant - Development opportunity
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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.
Redevelopment opportunity to construct two floor commercial building with offices upstairs and 4 shops downstairs.
Regular rental income - Good investment plus future redevelopment opportunity. - Great overall location.
This commercial property has a building area of 387 sq.mts. on 884 sq.mt. block of land.
Situated within the commercial precinct of an established residential suburb located approx.19 km. North of the Brisbane CBD.
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