Retail For Sale , Tingalpa QLD

For Sale

Retail

$1,252,000 + GST

259m2

* Multi tenanted fully leased investment
* Returning $87,616 net per annum plus GST
* Three secure tenancies - two brand new three year leases
* Provides a 7% net return per annum


7% net return. Fully leased investment. Multi-tenanted investment opportunity. Three secure tenancies. Two brand new three year leases. 4% annual increases. Sought after complex. Excellent main road exposure,

This opportunity is not to be missed.

Located just twelve kilometres from Brisbane’s CBD, Tingalpa is mainly a semi-rural precinct, with the rest being industrial. Features include a close proximity to the Murarrie/Gateway Corridor, making it a prime area for development and future growth. Similarly attractive is its quick access to the Port of Brisbane, the Brisbane Airport and the Eastern suburbs. Recently there’s been a good level of sales and leasing activity, with anything coming onto the market quickly taken up. All in all this has resulted in most deals providing value for money.

Ref: 45149
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