Trophy Blue Chip Investment in Park Road, Milton Secured by a New 10 Year Lease

SOLD

11/20 Park Road

Milton QLD 4064

Retail

FOR SALE

107m2

- Located in dress circle position in the thriving Savoir Faire Café and Restaurant precinct
- Secured by a new 10 year lease to the well established award winning Mediterranean Bistro 'Alegria'
- Currently returning $156,000 per annum net
- Bank Guarantee of $78,000 and annual 3% rent increases
- Exclusive location approximately 200 metres to Milton Railway Station
- Walking distance to Milton City Cat Ferry Terminal which is currently under construction at the end of Park Road
- Outstanding blue chip investment opportunity
- For Sale $2.15M - Net Income $156,000 per annum @ 7.25% return