193 Cavendish Road, Coorparoo, QLD 4151

Retail | Development/Land | Offices

For Sale Submit All Offers to Purchase

  • Property ID: 394581
  • Floor Area: 240m²
  • Land Area: 819m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Extremely Rare Opportunity! Premium Investment With Development Upside!

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

Coorparoo Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4936 $425 8.62%
Retail $7417 $550 7.42%
Industrial $3188 $247 7.75%
This is the average advertised price, rent and yield for Coorparoo, QLD 4151*

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™.
  • 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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