Suburban retail complex with upside - 8% net

SOLD

72-86 Mooney Street

Gulliver QLD 4812

Retail

FOR SALE

580m2

Positioned on a prominent corner location, this multi-tenanted investment offers a good quality tenant mixture. The centre is well located amongst a large residential catchment area and easy access off both Bayswater Road and Fulham Road.

The centre has ample onsite parking and rear laneway to access all tenancies. Each shop has its own facilities at the rear of the building with two tenancies having grease traps and one with an exhaust canopy.

Gross Rental: $102,323.11 p.a. plus GST with upside available in two vacant tenancies.

Net Rental: $78,962.56 p.a. plus GST

This convenience centre is offered to the market at $990,000.