$750,000 excluding GST

Rare Opportunity to Buy a Street Front Shop Investment in CBD Brisbane

This Strata Titled Shop of 43 m2 is located in busy Edward St Brisbane City. It is currently leased to March 2021. The current tenant excised their 3 year option in 1st April 2018. The current rent is highly under rented and has excellent opportunity for a new owner to increase substantially at the completion of the lease term . Would also suit future owner occupier.
* Lease option term of 3 years commenced 1st April 2018
* 3.5% increase annually
* Lessee pays water charges
* Net Income $39,488.00 per year estimated
Phone exclusive agent Tom Chan 0478586131

Lot 1/61 Edward, Brisbane City

$750,000 excluding GST

Description
Rare Opportunity to Buy a Street Front Shop Investment in CBD Brisbane

This Strata Titled Shop of 43 m2 is located in busy Edward St Brisbane City. It is currently leased to March 2021. The current tenant excised their 3 year option in 1st April 2018. The current rent is highly under rented and has excellent opportunity for a new owner to increase substantially at the completion of the lease term . Would also suit future owner occupier.
* Lease option term of 3 years commenced 1st April 2018
* 3.5% increase annually
* Lessee pays water charges
* Net Income $39,488.00 per year estimated
Phone exclusive agent Tom Chan 0478586131

Agent Details
Tom Chan

Senior Commercial Consultant

mobile 0478 586 131

phone 07 3233 3923

office 07 3233 3999

Agency Details
Contact

location

Level 1, 144 Adelaide Street, Brisbane QLD 4000

phone

Key Details
property ID 1651964
build size 43m2
council rates $2716
body corporate $5,795.76
water rates $1556
Media
Location
Whoops!
I’m afraid google maps can’t locate this address.
View gallery