6.5% NET RETURN - PRIME RETAIL COFFEE SHOP / OFFICE

SOLD

26/53 Vernon Terrace

Teneriffe QLD 4005

Retail

FOR SALE

85m2

    • Floorplans View Floorplan
- 2 x tenancies Coffee Shop & Executive Offices
- 85m2: Dot's Cafe 15m2 plus Alfresco 50m2
- Prime high traffic Teneriffe hub location
- Solid 5 year head lease Coffee Shop + Offices*
- Ideal growth Super Fund investment
- Net $52,725.09 at 6.5%.
- Includes exclusive use of one car park, additional income $3,152.73

Tenant 1 = Coffee Shop Rent $25,636.36
Tenant 2 = Office "Elixir Services' Rent $32,900.00
Car Park = $3,152.73
Total Net Rent = $52,725.09

* Approx.

Act now to secure this Strategic Strata Investment.

Contact Exclusive Agent
Silvio Bevacqua
0402 410 410
silvio@spcommercial.com.au