100% Leased, Freestanding Multi-Tenant Investment. Tightly Held Precinct.
* LJH Commercial are pleased to present 17 Smith Street, Capalaba, to the market for immediate sale, via offers to purchase.
* Rarely do free-standing properties fully leased appear on the market in this location.
* Total of 7 units, 1 Retail Caf&aecute; and 6 Warehouses. No strata Title.
* Total building area 794sqm approx. 2,023sqm land area.
* Extremely long-term tenants. Warehouses have been occupied with the same tenants for over 20 years. Low Site Coverage. Approx. 39%
* Abundance of hardstand space for 18 car spaces onsite.
* Concrete block and metal clad construction. Mainly clear span throughout with partition dividing walls.
* Current Gross Income: $111,288.55 per annum + GST
* Outgoings: $25,516.58. Per annum. (Rates, Water, Insurance, Cleaning, Gardening, R&M.)
* Total Net Income: $85,771.97 + GST.
* Positioned just off Redland Bay Road, on busy Smith Street. Surrounded by National tenants. Mixture of Industrial/Bulky Goods.
* Closely located to Capalaba Shopping Centre, Bus. and Gateway Motorway.
* The owners have provided their clear instruction to sell the property. All written offers will be presented.
* Contact Exclusive Agent Manoli Nicolas on 0400 082 170 for further details and inspection today.
BUILDING AREA: 794 sqm
LAND AREA: 2,023 sqm