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Fully Leased Investment - 7% Yield - 60m²* Brand New Ground Floor Retail / OfficeProperty ID 1527880Ray White Commercial TradeCoast is pleased to present The Marc, Kangaroo Point's newest boutique mixed use development.
- Fresh 3+3+3 years lease to a church paying $42,000 p/a + Outgoings + GST
- Three (3) month gross bond/guarantee
- CPI increases
- Lot 101 consists of 60sqm* Ground floor retail space for sale on busy Main Street, ideal for a strategic investor
- Excellent frontage to Main Street & Thomas Street, this tenancy is exposed to approximately 20,000 cars per day and only 1.1km's from Brisbane's CBD
- 1 exclusive use car park, 13 visitor car parks onsite as well as street parking
- Grease trap access, 3 phase / 100 amp power, gas connection, air-conditioning provision and Glazed frontages with double entry glazed doors
Sale Price: $600,000 (going concern)
For further information or to arrange an inspection please contact the exclusive marketing agents
Key Information Tenancy Status Currently Tenanted Annual Yield (Gross) N/A (Marketed Without Price) Annual Yield (Nett) N/A (Marketed Without Price) Title Scheme Not Applicable Other Information Year Built 2017
The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.
* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.