Extremely Rare Opportunity! Premium Investment With Development Upside!
193 Cavendish Road, Coorparoo, QLD 4151
LJ Hooker Commercial Brisbane are proud to present 193 Cavendish Road, Coorparoo, to the market for immediate Sale.
* Fully leased investment with development potential.
* High Profile Cavendish Road site with prominent 20m approx. frontage.
* 819sqm expansive land area with abundant exposure.
* LMR 2. Low-Medium Density Residential (2-3 Storey) Mix Zoning.
* Future development opportunity and suitable uses (subject to council
approval)
* 240sqm building area. Previously 3 shops.
* High quality internal fit out, impressive glass façade. Fully airconditioned, refurbished internally and externally.
* 3 phase power, grease trap, other critical infrastructure.
* Currently leased to Premium Pilates. 5x5 Year Lease. Commenced 1/3/2020. Lease details available on request.
* Gross Income: $100,449 + GST.
* Outgoings: $15,721.00 per annum approx (Bcc Rates, Urban Utilities, Building Insurance). Net Income: $84,778.
* Act Immediately. The vendor has provided their clear instructions to ensure the property is sold
* Contact Exclusive Agent Manoli Nicolas on 0400 082 170 or mnicolas@ljhc.com.au for inspection today.
PRICE: Submit Offers to Purchase
BUILDING AREA: 240 sqm
LAND AREA: 819 sqm