Freehold - Restaurant - Real Estate - TTQN1093

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$2,150,000

Description

Freehold commercial property for sale with an Italian Restaurant / Bar as t + 3 year options - Regular rental income - Good investment plus future redevelopment opportunity. - Great overall location - Great public transport access - 18000 plus vehicles passing every day - Multiple development opportunities.

Potential

Redevelopment opportunity to construct two floor commercial building with offices upstairs and 4 shops downstairs.

Features

Regular rental income - Good investment plus future redevelopment opportunity. - Great overall location - Great public transport access - 18000 plus vehicles passing every day - Multiple development opportunities.

Premises

This commercial property has a building area of 387 sq.mts. on 884 sq.mt. block of land.

Location

Situated within the commercial precinct of an established residential suburb located approx.19 km. North of the Brisbane CBD.Middle of Albany creeks commercial precinct which major food franchises and liquor franchises.

Trading Hours

Lease

Employees

Comments

Excellent opportunity for investor with regular rental income and redevelpoment potential. -Immediate & future development opportunity zoned "District Centre" under the MBRC Planning Scheme. -Tenant pays all landlords outgoings except for Land Tax of $2725 per annum.

SBX ID

TTQN1093

Figures
  • Rent: $1520
  • Misc 1: $52
  • Nett Profit: $1468
  • All other values ex GST
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