RETAIL LEASED INVESTMENT WITH OWNER OCCUPIER OPPORTUNITY

Contact Agent

Lot 107 / 8 Stuart Street

Bulimba QLD 4171

Retail

FOR SALE

239m2

JSM Arcade presents a truly unique addition to Bulimba's rapidly evolving lifestyle scene. A boutique collection of 8 retail shops occupying 239sqm* of Prime Ground Floor Retail space overlooking Bulimba Memorial Park.

Shops 1, 2, 3, 7 & 8 are leased and returning $123,760* p.a Gross + GST.
Shops 4, 5 & 6 are currently vacant and provide the perfect owner occupier opportunity. Alternatively the vendor is willing to provide a 12 month rental guarantee on the vacant shops for investors bringing the total annual income to $193,960* Gross + GST. Brand new fit outs with depreciation benefits.

Shop 1 - 17sqm* retail shop plus 35sqm alfresco leased to Crate & Co Smoothie Bar
Shop 2 - 27sqm* retail shop leased to Kosmetic Studio
Shop 3 - 18sqm* retail shop leased to a Barber Shop
Shop 7 & 8 - 33sqm* retail shop plus 31sqm alfresco leased to The Plant Lounge.

Shop 4 - 14sqm* vacancy
Shop 5 - 17sqm* vacancy
Shop 6 - 13sqm* vacancy

* approximate only

For a copy of the I.M and to arrange your inspection contact the exclusive marketing agents at Ray White Commercial TradeCoast today.