Freehold - Shops - Property - Freehold - Investment - Shops - Great Opportunity - T/O $2,972 p.w.
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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.
Great potential to get DA for 3 storey commercial & residential building with end value to be $7.5 m.
Very good long term tenants. - Plenty of regular customer traffic. - Well established.- Great growth potential.
Commercial property with an area of 809 sq. mts. land & 4 separate shops with individual tenancies.
Situated near water in residential & commercial area in Brisbane East.
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