100% Leased Freehold Retail Investment.

SOLD

53 Gawain Road

Bracken Ridge QLD 4017

Retail

FOR SALE

267m2

* 267sqm approx total building area split into two shops and 1 rear office
* Additional basement storage area, with direct access to rear car park
* Two street access. Abundant car parking at rear in council car park
* Freehold site. Second in from corner. Great exposure
* Arguably under rented
* Shop 1: 52sqm. Leased $15,000 PA Gross Plus GST
* Shop 2: Bakery. Leased until 2022 & 5 year option. $22,139.66 PA Gross Plus GST
* Shop 3: Rear office. 64sqm. Leased $9,000 PA Gross Plus GST
* Total Gross income $46,139.66 PA Plus GST
* Total Outgoings: $12,763.93 PA Plus GST
* Total Net Rental: $33,375.74 PA Plus GST (approx)
* Situated in busy main road shopping complex near schools, tafe, and surrounded by residential.
* Closely located to bus and train.

* Contact Exclusive Agent James Becka on 0402 753 217 for inspection today.

BUILDING AREA: 267 sqm
LAND AREA: 309 sqm

Location

Bracken Ridge is a well established suburb and primarily a residential area located approx. 18km north of the Brisbane central business district. Bracken Ridge is well serviced by public infrastructure and enjoys access
to a wide range of amenities including: Transport, Retail and Education