Lot 1/61 Edward, Brisbane City QLD

For Sale


$750,000 excluding GST


This Strata Titled Shop of 43 m2 is located in busy Edward St Brisbane City. It is currently leased to March 2021. The current tenant excised their 3 year option in 1st April 2018. The current rent is highly under rented and has excellent opportunity for a new owner to increase substantially at the completion of the lease term . Would also suit future owner occupier.
* Lease option term of 3 years commenced 1st April 2018
* 3.5% increase annually
* Lessee pays water charges
* Net Income $39,488.00 per year estimated
Phone exclusive agent Tom Chan 0478586131
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