6/1395 Logan Road, Mount Gravatt, QLD 4122

Retail

Sold $400,000

  • Property ID: 396134
  • Floor Area: 49m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 49m2 N/A N/A
INVESTMENT WITH UPSIDE RENTAL GROWTH SOLID TRAFFIC LOCATION

- 49m2 Exceptional High Traffic
- Well established, very solid trading Thai Restaurant
- Paid all dues, no COVID support
- Potential to purchase business
- Net Rental $24,102 with all outgoings and GST paid by tenant
- Current lease runs to 31st January 2023 with 3 year option
- Partial equipment owned by property owner to be sold with property.

This shop was previously occupied by the very busy Hallowed Grounds Expresso Bar which had to move to larger premises allowing this current Thai Restaurant to takeover the premses and build their busy business. The owners of the business are not the property owners and should a business sale eventuate this would be separate to the property sale.

Mount Gravatt Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $356 ---
Offices --- $300 ---
Industrial --- $175 ---
This is the average advertised price, rent and yield for Mount Gravatt, QLD 4122*
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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