PRIME RETAIL SHOPS 7.5% YIELD - ASKING PRICE $364,000

SOLD

Lots 1-8 9-13 Waldron Street

Yarrabilba QLD 4207

Retail

FOR SALE

483m2

Michael Willems is pleased to offer 6 well located retail commercial holdings in one of QLD fastest growing suburbs (Yarrabilba).

The strata titled commercial allotments are located within the newly constructed ‘'Meridian at Yarrabilba' development, adjoining the newly constructed Coles supermarket, Mcdonalds restaurant, medical centre and Caltex serves station.

The property represents a fantastic opportunity to purchase a quality income producing retail investment in one of the country's highest growth.

NOTE: Tenants pay all outgoings.

* Shop 1&2: 88*m2, Net Income $45,000*p.a.
3yr lease + options
Asking Price $600,000.00

* Shop 3: 53*m2, Net Income $27,300*p.a.
3yr lease + options
Asking Price $378,000.00

* Shop 4: 51*m2, Net Income $27,300*p.a.
3yr lease + options
Asking Price $364,000.00

* Shop 5: 51*m2, Net Income $27,300*p.a.
3yr lease + options
Asking Price $364,000.00

* Shop 6: 58*m2, Net Income $31,030*p.a.
3yr lease + options
Asking Price $414,000.00

Located right next door to Coles & McDonalds and adjoins the site which will become home to the Yarrabilba hotel.

Well positioned between Brisbane's CBD and the Gold Coast, the Yarrabilba community is fast taking shape, with residents already enjoying shopping, schools and community facilities at their doorstep. Many more facilities are planned - from a major town centre with specialty stores, cafes and restaurants, to village centres, business precincts and up to 11 schools^.

Local employment opportunities will grow as the community blossoms. From the business hub to the future town centre, there are plans for more than 13,000 jobs on-site, including plenty of possibilities for home based businesses^.

Must be sold due to other commitments so don't miss this golden opportunity!