Emily Pendleton from Ray White Commercial Northern Corridor Group is pleased to present to market three units in one line, all on one title at 2/18 Farrell Street, Yandina via the way of an on site Auction. We encourage offers to be presented prior.
The property is situated within a high profile complex, consisting of a number of medical tenants, pharmacy, professional/personal services and a strong trading espresso bar at the front. The complex has ample onsite car parking and is located in the main hub for Yandina.
The opportunity is perfect for an investor looking to reap the rewards of 7.5% plus when fully occupied, or is perfect for a tenant in the allied health, personal or professional service industry that may want to occupy the 34.5m2 vacancy themselves and reap the rewards from the other tenants, which would cover mortgage/outgoings expenses.
The opportunity exists to stop paying rent to someone else, purchase an affordable unit for yourself and have the income of the neighbouring tenants coming in on the side.
Building Size m2:
Shop 2 - 26.5m2*
Shop 3 - 34.5m2*
Shop 4 - 48m2*
Total - 109m2*
The current return from shops 2 & 4 combined is $26,364 P/A, Shop 3 is vacant but previously returned an additional $12,000 P/A.
This property will be going to Auction on Thursday 10th October 2019 at 11am on site.
For further information or to arrange an inspection please contact Exclusive Marketing Agent Emily Pendleton.
For more details, please email agent