Shop 7, 7 Brown Street, Labrador, QLD 4215

Investment | Retail

Sold $439,000

  • Property ID: 309960
  • Floor Area: 67m²
  • NBN Availability: Not Currently Available
  • Cafes: 20+ nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 18/10/2018 67m2 N/A $436,000
Excellent Value - Nearly 9% Nett Return

This could be the buy of 2018! High profile retail tenancy, next to Aldi Supermarket with a very reliable tenant in place:

3 x 3 year lease
$37,969.58 per annum nett
Ground floor retail of 67* sqm
High quality fit out and cool rooms

The tenant has been in place for 2 years and has a strong business in place.

This group of commercial properties is part of a large accommodation complex and services a large residential population.

An incredible investment opportunity not to be missed. My clients are moving overseas and require a prompt transaction.

Listed at just $439,000.

For more information, or to arrange an inspection, please contact exclusive marketing agent Adam Young.

*Approx

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Labrador Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $10833 --- ---
Retail $8889 $407 4.58%
Offices $5774 $369 6.39%
This is the average advertised price, rent and yield for Labrador, QLD 4215*

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.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of Shop 7, 7 Brown Street, Labrador, QLD 4215. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 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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