Call us:
1800 600 890

Rare Freehold Retail By The Seaside

Property ID: 20070036
Purchase Price: $1.35M
Rent: $122,820 P.A Net
Net Yield: 9.01%


Located in a tightly held pocket only 500m walk to the water is this commercial gem. The current 7 income streams provide a yield that is tough to match. 90% of the income is generated by the 3 retail units at the front of the premises, who have all signed fresh new 3 year leases, while the 4 garages at the rear provide a boost of income for an incredible return. The busy main road frontage provides valuable commercial exposure for the tenants. 7-day trading ability and above average demand for tenancy. The title has a 'district centre 1 zoning' providing options to develop in the future.


PROPERTY FEATURES
* 100% of outgoings paid by tenant
* Amazing returns
* All 3 retail tenants on brand new 3+3 year leases.
* Dual street access with rear car parking.

* Bustling coastal high capital growth location.
* 600m to train station and only 16km to Brisbane CBD.
* Ability to develop in the future as a free standing building on 903sqm block


If you would like more information please call We Find Houses on 1800 600 890.

Paul Wilson

Phone: 0414 987 140

Enquire Now

Land Area: 903m2

Type: Commercial

Investment Strategy: Positive Cash Flow

Gross Yield: 10.14%

Estimated Cash Flow: Positive $565.52 Per Week

Get the full experience

This is just a selection of our range of properties, the majority of our properties are handpicked for our clients and not all properties appear on our website. Click here to discover more about how we can find an ideal property for you.

Discover More

Paul Wilson

Phone: 0414 987 140

Enquire Now

Land Area: 903m2

Type: Commercial

Investment Strategy: Positive Cash Flow

Gross Yield: 10.14%

Estimated Cash Flow: Positive $565.52 Per Week