Fully Tenanted Suburban Retail Centre - 8.5% ROI
208-210 Charters Towers Road, Hermit Park, QLD 4812
Ray White Commercial is pleased to offer to the market this tidy, suburban retail centre located within an established commercial corridor minutes from the CBD.
Surrounding enterprise is diverse and includes financial institutions, retailers, food and professional services.
This property offers the astute investor an opportunity to purchase a low maintenance, established retail centre with strong anchor covenant.
Property features:
860sqm* of net lettable area across 4 retail tenancies
Current net holding income of $201,890* pa excluding GST with an approximate 5 year W.A.L.E
2,007sqm, concrete sealed land site across 2 titles zoned "Centre Frame" with a 50m* frontage to Charters Towers Road
26 on-site car parks
Illuminated pylon signage
*Approximately