Showrooms | Retail | Industrial

Property ID: 409374

 

Investment Opportunity - Prominent Showroom on Capalaba's Main Retail/Commercial Strip

1/178-182 Redland Bay Road, Capalaba, QLD 4157

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.

Sold

$2,300,000

Colin Tucker0732451922

Nick Comino0732166666