138 Bay Terrace, Wynnum, QLD 4178

Retail | Medical | Offices

For Sale Offers To Purchase Under Offer

  • Property ID: 440681
  • Floor Area: 140m²
  • Land Area: 405m²
  • Occupancy: Tenanted
Street View
100% Leased. Prime Freehold Retail Investment On 405sqm Land Area.

* Prime Freehold Investment, only 2 blocks from the Esplanade. Fully Leased. Currently 2 shops.
* Shop 1: Leased to Twinkle Arts. Existing lease until 23/09/2024 (No option) Rent $28,202.72 Gross Per Annum + GST. 70sqm Approx.
* Shop 2: Leased to The Fairy Shop. Existing lease until 14/08/2026. Rent $30,000 Gross Per Annum + GST. 70sqm Approx.
* Total Income: $58,202.72 Per Annum Gross + GST
* Outgoings Approx: Rates $5,317.40 Per Annum. Utilities $1,344 Per Annum. Total $6,661.40 Per Annum.
* Zoning: Mu2. Mixed Use. (Centre Frame) Massive Main Road exposure to Bay Tce. Future development potential (subject to council approval).
* Glass shop fronts to both tenancies. Front and rear access to both shops and rear amenities.
* Easement through Edith St for car park access. Parking for 8 cars at rear of property.
* Extremely rare opportunity to purchase in tightly held Wynnum precinct.
* Owner has provided clear instructions to SELL.
* Submit All Offers in writing to Manoli Nicolas mnicolas@ljhbrisbane.com.au

PRICE: Contact Agent
BUILDING AREA: 140sqm
LAND AREA: 405sqm

Wynnum Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $7143 $402 5.63%
Industrial --- $165 ---
Retail $7143 $471 6.60%
This is the average advertised price, rent and yield for Wynnum, QLD 4178*
Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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  LJ Hooker Commercial Brisbane

 

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Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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