LJ Hooker Commercial Brisbane are proud to present 193 Cavendish Road, Coorparoo, to the market for immediate Sale.
* Fully leased investment with development potential.
* High Profile Cavendish Road site with prominent 20m approx. frontage.
* 819sqm expansive land area with abundant exposure.
* LMR 2. Low-Medium Density Residential (2-3 Storey) Mix Zoning.
* Future development opportunity and suitable uses (subject to council
approval)
* 240sqm building area. Previously 3 shops.
* High quality internal fit out, impressive glass façade. Fully airconditioned, refurbished internally and externally.
* 3 phase power, grease trap, other critical infrastructure.
* Currently leased to Premium Pilates. 5x5 Year Lease. Commenced 1/3/2020. Lease details available on request.
* Gross Income: $100,449 + GST.
* Outgoings: $15,721.00 per annum approx (Bcc Rates, Urban Utilities, Building Insurance). Net Income: $84,778.
* Act Immediately. The vendor has provided their clear instructions to ensure the property is sold
* Contact Exclusive Agent Manoli Nicolas on 0400 082 170 or mnicolas@ljhc.com.au for inspection today.
PRICE: Submit Offers to Purchase
BUILDING AREA: 240 sqm
LAND AREA: 819 sqm