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Retail Shop Investment $850,000 Neg

ROCHEDALE SOUTH QLD, 4123

For Sale

Property for Sale in ROCHEDALE SOUTH QLD, 4123

Listing ID:
11254549
Status:
Active
For:
Sale
Price:
$850,000 negotiable
Last Updated:
07/03/2019
Icon building

Property Type

Retail
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Land Area

6000 SQM
Icon size

Floor Area

217 SQM
Icon parking

Parking

N/A

Retail Shop Investment $850,000 Neg

This 217m2 tenanted retail investment shop located in Rochedale South and Springwood boundary areas. Currently rented at $75,000 (included GST & Outgoings) + $5000 outgoings per year up for local grocery business to 11 June 2020 + CPI annual rent adjustment + 3 years option. Council rate and Body Corporate charges around 18,800 per year. Net return boost around 7.5%. The whole shopping strip contains more than 10 different well tenanted mix business to local residences. Perfect for investment and future self use.
Call Wanger Lam on 0412096599 for details and inspection.

For more details, please email agent

Raine & Horne Robertson

16B Sunnybank SC, Cnr Main Rd & McCullough St, Sunnybank, QLD 4109


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