Lot 1/61 Edward, Brisbane City QLD

For Sale

Retail

$750,000 excluding GST

43m2

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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