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The Marc Ground Floor Retail Lots - Do Not Miss Out!Property ID 1527881Exclusive agents Ray White Commercial TradeCoast are pleased to present 616 Main Street, Kangaroo Point to the market for sale. On offer are 4 ground floor retail/commercial strata titled tenancies on busy Main Street, Kangaroo Point, ideal for owner occupiers, restaurant operators, commercial users and strategic investors. Two retail spaces are currently leased and available as leased investments. These four tenancies are on the ground floor of 69 luxury apartments.
Key features of the property include:
- Four lots available of 60sqm*, 48sqm*, 63sqm* and 121sqm* respectively
- Two tenancies are leased, two are vacant
- 69 luxury residential units directly above
- One exclusive use car park per lot + 13 visitor car parks
- Developers will provide rental guarantee on vacant lots
Expressions of Interest closing 5pm Wednesday 22nd November 2017.
The Marc is located in a prospering Kangaroo Point with an abundance of surrounding development that bring significant economic activity to the area.
For further information or to arrange an inspection please contact the exclusive marketing agents Jonathon Jones and Jack Gwyn.
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.