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Freehold - Shops - Property - Freehold - Investment - S...

Business for Sale
Freehold - Shops - Property - Freehold - Investment - Shops - Great Opportunity - T/O $2,972 p.w.
Manly West QLD

Freehold - Shops - Property - Brisbane East - Agent SBX Code Number: TTQN1116 Freehold consisting of 4 separate shops and land package located on prime commercial site. - The asking pri...

Price $2,500,000.00

Freehold - Shops - Property - Freehold - Investment - Shops - Great Opportunity - T/O $2,972 p.w.

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Freehold - Shops - Property - Brisbane East - Agent SBX Code Number: TTQN1116

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. - Rent gross income is $154,548.16 p.a. & net income $148,308.16 p.a. - Review 3% p.a. - All tenants have long new leases and great overall presentation.

Potential

Great potential to get DA for 3 storey commercial & residential building with end value to be $7.5 m.

Features

Very good long term tenants. - Plenty of regular customer traffic. - Well established.- Great growth potential.

Premises

Commercial property with an area of 809 sq. mts. land & 4 separate shops with individual tenancies.

Location

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

Trading Hours

7 days

Comments

This is an excellent opportunity to obtain a D.A. for redevelopment of the site, and capitalise on this development with great rental return. - Great return on investment and rare opportunity to purchase in a great position. - The owner has retired and very keen to sell - Price is negotiable.

Agent SBX Code Number: TTQN1116 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 274415
SBX ID: TTQN1116




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