$585,000

1

RETAIL SHOP INVESTMENT BRISBANE CITY 9.4% NET YIELD $600,000.

This is a rare opportunity for a Investor to purchase a Freehold Title Shop located on the Ground Floor of a Upmarket Residential Tower . This building is adjoined by 4 other Residential Towers and overlooks the Roma Street Park lands and backs on to the Roma Street Railway Station. The shop is leased to Convenience Store Operator and has signed off on 5 year option to commence on the 25th May 2015.
* 5 year option plus 5 year option
* Original Lease commenced 25/05/ 2010
* Rent $ 56,738.14 per year + GST
* 4% Rent reviews annually and market at Option.
* Lessee pays for Rates & Water Utility Charges

Inspection by appointment only by contacting Sole Agent Tom Chan 0478 586 131

Features
  • Reverse Cycle Aircon

Lot 815/3 Parklands Boulevard, Brisbane City

$585,000

1

Description
RETAIL SHOP INVESTMENT BRISBANE CITY 9.4% NET YIELD $600,000.

This is a rare opportunity for a Investor to purchase a Freehold Title Shop located on the Ground Floor of a Upmarket Residential Tower . This building is adjoined by 4 other Residential Towers and overlooks the Roma Street Park lands and backs on to the Roma Street Railway Station. The shop is leased to Convenience Store Operator and has signed off on 5 year option to commence on the 25th May 2015.
* 5 year option plus 5 year option
* Original Lease commenced 25/05/ 2010
* Rent $ 56,738.14 per year + GST
* 4% Rent reviews annually and market at Option.
* Lessee pays for Rates & Water Utility Charges

Inspection by appointment only by contacting Sole Agent Tom Chan 0478 586 131

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 335204
build size 89m2
Media
  • Gallery
  • Map
  • Street view
Features
  • Reverse Cycle Aircon
Location
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