26/53 Vernon Terrace, Teneriffe, QLD 4005

Retail

Sold $811,155

  • Property ID: 353800
  • Floor Area: 85m²
  • NBN Availability: Service Available - Fibre to the building (FTTB)
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 85m2 N/A N/A
6.5% NET RETURN - PRIME RETAIL COFFEE SHOP / OFFICE

- 2 x tenancies Coffee Shop & Executive Offices
- 85m2: Dot's Cafe 15m2 plus Alfresco 50m2
- Prime high traffic Teneriffe hub location
- Solid 5 year head lease Coffee Shop + Offices*
- Ideal growth Super Fund investment
- Net $52,725.09 at 6.5%.
- Includes exclusive use of one car park, additional income $3,152.73

Tenant 1 = Coffee Shop Rent $25,636.36
Tenant 2 = Office "Elixir Services' Rent $32,900.00
Car Park = $3,152.73
Total Net Rent = $52,725.09

* Approx.

Act now to secure this Strategic Strata Investment.

Contact Exclusive Agent
Silvio Bevacqua
0402 410 410
silvio@spcommercial.com.au

Teneriffe Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $7692 --- ---
Offices --- $156 ---
Retail --- $1000 ---
This is the average advertised price, rent and yield for Teneriffe, QLD 4005*
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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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™.
  • 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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