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8/12-18 Discovery Drive,
North Lakes 4509, Queensland

2 car spaces
63.5m² land size
64m² building size
Retail

$396,000


Property details

Secure Commercial Investment Opportunity

Highly Recommended!

Location: Ground Floor
• Area: 63.5 m2, approximately.
• Two (2) designated car parks
• Car Parks: Total 135 approx.
• Benefiting from 4 street frontages
• Close proximity to "Westfield: North lakes
• Internal Design: Professional fitout including: Reception area, three (3) occupational rooms and kitchenette
• Freshly painted throughout, new flooring, tinted glass front panel doors
• Air-conditioning throughout.
• Lease + Options = 4 +3 +3 years from February 2022. Review to Market every 3 years after first term.
• Annual 4.0% Increases
• Rental: $23,101.92 nett per annum + GST

Uplift: We see potential increases upon market review at the end of the initial term for further capital appreciation

Why you should consider this property as your first or next investment property: Read on..

BENEFITS

The tenant comes "Highly Recommended" has an excellent track record [payment on time ] over these last 2 years. Highly qualified in the Beauty / Cosmetic industry.

This property is part of a "LANDMARK" development in the successful business precinct of North Lakes .Offering Tenants of a mix use, under the "Mango Hill Development Control Plan"
The combined Evergreen & Wellness Centres have generous Signage ; Internal ,external , pylon & illuminated signs.
On Site Cafés and licenced Restaurant 'for owners, tenants, and client's convenience.
With a cross section of Professionals , Quasi Medical, Accountants , Dentists, Psychiatry , Insurance , Beauty & Skin Care, Body Spa , Wellness etc.
Convenient Location to the renowned "Westfield Town Centre " 3 Majors & 80 stores and adjoining other Major Retail, Brand names, Entertainment & Services of every description.


Assuring the security of this investment, now and the future .

Explore the area


School catchments

  • North Lakes State College Combined Prep-12 Government 0.16km
  • The Lakes College Combined Prep-12 Independent 0.66km
  • Mango Hill State School Primary Prep-6 Government 1.0km
  • St Benedict's Primary School Primary Prep-6 Catholic 1.0km
  • Griffin State School Primary Prep-6 Government 1.9km

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.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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