Sold

45 Grand Plaza Drive,
Browns Plains 4118, Queensland

1,250m² land size
716m² building size
Retail

Price withheld


Property details

RETAIL/SHOWROOM - FULLY LEASED INVESTMENT

On behalf of the vendor Ray White Commercial Milton are pleased to present 45 Grand Plaza Drive, Browns Plains to the market for sale.

Retail/showroom tenanted investment on 1250sqm of land with 716sqm building

Tenancy One - 184sqm - Loft Barber Shop - $56,301 gross + GST - 3 + 3 year options starting July 2021 (10 year tenure)
Tenancy Two - 440sqm - Carpet Shop - $84,107 gross + GST - 5 + 5 year options starting April 2022 (24 year tenure)
Tenancy Three - 92sqm - Next Level Performance Centre - $40,000 gross + GST - 3 + 3 year option starting April 2023 (new lease)

• Annual net return of approx. $157k
• Air conditioned showroom and office
• Excellent exposure
• Ample onsite parking
• Excellent local amenities
• Surrounded by national businesses such as Beaurepaires, Kmart, Dulux and Ultra Tune
• Access to major arterial roads to the North, South and West

For Sale - PRICE GUIDE MID - HIGH $2M.

To discuss or to arrange an on-site inspection contact Exclusive Agent David Highman 0488 109 768

Explore the area


School catchments

  • St Bernardine's School Primary Prep-6 Catholic 0.78km
  • Browns Plains State School Primary Prep-6 Government 1.5km
  • Yugumbir State School Primary Prep-6 Government 1.6km
  • Regents Park State School Primary Prep-6 Government 2.0km
  • Boronia Heights State School Primary Prep-6 Government 3.1km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


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