• 2 Tenants on one title with short leases in place
• Both Tenants side by side with excellent street frontage and corner position
• Shop 6a 92 sqm - Charcoal Chicken (Lease ending 30/04/2024) - Tenant vacating
• Shop 6a - Proposed new rent $34,800 PA Gross + GST (Water usage paid by tenant)
• Shop 6b 84 sqm - Dim Sim Kingdom Pty Ltd (Lease ending 03/04/2024)
• Shop 6b - $32,400 PA Gross + GST (Water usage paid by tenant)
• Potential gross income $67,200 PA
• Potential net income $47,721.52 PA
• Opportunity to increase rent on 6b significantly upon lease expiry
• Council Rates $4,125.52 PA (Water usage $3,632.96 pa - Paid by tenants) Approximate figures
• Total Council Rates incl. water $7,758.48 PA - Approximate figures
• Body Corporate fee's $11,720 PA - Approximate figures
• Large retail centre located in the heart of Logan Central
• Pylon signage
• Ample on-site parking for customers
• Prime exposure to Kingston Road and Wembley Road
• Strong population growth in the area and surrounding areas which has increased the demand for retail outlets in the Slacks Creek Business District
• Close to major shopping centres & public transport
Slacks Creek is located with the Brisbane Region approximately 21 kilometres Southeast of the Brisbane CBD. Its position is greatly serviced by the Pacific Highway linking both the north and the south along with the Logan Motorway and Gateway Motorway. Slacks Creek has a strong growing population with a mix of retail, commercial and industrial properties.