100% Leased. Prime Freehold Retail Investment On 607sqm Land Area.
* 3 Ground Floor Shops. Currently occupied by 2 tenancies.
* Shop 1 & 2: Leased to Century 21 until 31/01/2025. Nil options. Rent: $32,345.52 Gross per Annum + GST. 105sqm approx.
* Shop 2: Leased to Burger PL8 until 30/6/2025. Nil options. Rent: $21,799.92 Gross per Annum + GST. 55sqm approx.
* Total Income: $54,145.14 per annum Gross + GST.
* Outgoings: Rates: $7000 per annum. Urban Utilities: $1122.36 per annum. Total: $8122.36 Per Annum.
* Total Building Area: 160sqm approx. Total Land Area: 607sqm.
* Zoning: District Centre 2 (Corridor). Massive main road exposure to Logan Road & Signage opportunities. Future development potential (subject to council approval).
* Glass shop fronts to Century 21 tenancy & internal amenities/kitchen.
* Roller door access to Burger Pl8. Commercial kitchen in place. Grease Trap.
* Front and rear access to both shops and rear amenities.
* Logan Road Car access and parking for 6-8 cars at rear of the property.
* Extremely rare opportunity to purchase in tightly held Logan Road Precinct.
* The seller has provided their clear instruction to Sell at Auction on 3rd of November 2022, 10am, LJH Commercial Brisbane office unless sold prior.
* Submit all offers prior to auction in writing to mnicolas@ljhc.com.au.
* Contact Exclusive Agent Manoli Nicolas for an inspection today.
AUCTION: 10am 3/11/2022 (unless sold prior)
BUILDING AREA: 160 sqm