Investment Opportunity - Prominent Showroom on Capalaba's Main Retail/Commercial Strip
This 593sqm eastern facing, modern tilt panel unit is located at the entrance to the Capalaba Hub commercial complex on Redland Bay Road.
GO Electrical, a wholly owned subsidiary of Metal Manufactures Pty Limited, has been a long standing tenant since 2012 and their current lease term expires on 31/3/2027 with 2 x 3 year options.
Property features include:
* 405sqm (approx.) air conditioned showroom with automatic entry doors, suspended ceiling and recessed lighting
* 11sqm (approx.) air conditioned manager's office at the rear
* 137sqm (approx.) insulated warehouse with electric container height roller door and three phase power
* 40sqm approved load bearing mezzanine storage
* Own amenities - lunchroom and male & female toilets
* Excellent signage and exposure on Redland Bay Road
* Full drive through access with entry/exit points on both Redland Bay Road and Steel Street
* 94 car parks in the complex
* Annual gross income of $125,000
* Outgoings are currently $7,853 per annum
* Information Memorandum available on request
For further information and to arrange an inspection (by appointment only) please contact Exclusive Agents Colin Tucker and Nick Comino.