FULLY TENANTED NEIGHBOURHOOD RETAIL CENTRE
345 Pine Mountain Road, Mount Gravatt East, QLD 4122
Ray White Commercial TradeCoast are pleased to present 345 Pine Mountain Road, Mount Gravatt East to the market.
A fully leased, freestanding retail centre locally known as Metropol 2. Metropol 2 is strategically positioned on a 2557sqm* site and consists of 813sqm* of Net Lettable Area. Fully tenanted by 10 established business across 11 tenancies and providing a current annual gross income of $514,881.79*.
Property specifics:
- 2557sqm* Neighbourhood centre zoned site
- 813sqm* of Net Lettable Area
- 10 established businesses across 11 tenancies
- Weighted Average Lease Expiry of 2.9* years
- Current gross income of $514,881.79* p.a + GST
- Additional tenant storage area located underneath
- 2 Grease Traps on site
- Parking for 37* cars and 2* motorbikes
- 1.6km* to Carindale Westfield
- 500m* to Pacific Golf Club
- 4.5km* to the Gateway Motorway
- 12km* to Brisbane CBD
The property is occupied by a diverse range of business types from Allied Health, Food & Beverage, Beauty & Professional Services.
Metropol 2 is positioned alongside 2 other retail centres, the Metropol 1 centre and the Cosmopolitan Centre. There is also a freestanding McDonalds located within the vicinity. The neighbouring centres are anchored with tenants such as IGA, Australia Post, BWS, Metropol Dr's at Carindale and more.
To learn more about this fantastic opportunity and to arrange your inspection contact the Exclusive Marketing Agents from Ray White Commercial TradeCoast.
* Approx.