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161 Dawson Parade, KEPERRA, QLD 4054
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Property Highlights

100% Leased Free-Standing Retail Centre With Drive Through. Future Development Upside.
  • Fully Leased Retail Centre
  • Rental & Development Upside
  • Long Term Tenants

* 2 Freestanding Buildings, 1 title, situated in busy retail complex with McDonald's, KFC & 108 place childcare centre at rear. Current Tenant Mix includes:

* Building 1: Freestanding Drive Through. 100% leased to Zaraffas.

* Building 2: Cash Converters, U Fit Gym, CIGNALL Tobacco Shop, Longterm Thai Restaurant & rear office space.

* Long term lease agreements in place. Mainly 5-10 Year Lease Agreements.

* 928sqm Lettable Area. Over 1000sqm total building area.

* Land Area: 2925sqm.

* Total Gross Income: $386,335.84

* Total Outgoings: $62,736.46

* Total Net Income: $323,599.38

* Arguably below market rates with rental growth upside.

* Clear instruction to sell via offers to purchase

* Contact Exclusive Marketing Agent Manoli Nicolas on 0400 082 170 for detailed information memorandum today and to arrange inspection.

PRICE: Offers To Purchase

BUILDING AREA: 928 sqm

LAND AREA: 2,925 sqm

Remember to mention you found this property on DevelopmentReady

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