520 Samford Road,
Mitchelton, QLD 4053
Shops & Retail • Development Sites & Land • Other
Price information
Sale - Expression of Interest
$1,800,000+
Under Contract
Key property information
Land area
Floor area
Property extent
Tenure type
Private inspections
to arrange a private inspection.
Map of 520 Samford Road
Train stations within 5 km of 520 Samford Road, Mitchelton, QLD 4053 Distance Gaythorne Station 637 m Mitchelton Station 638 m Enoggera Station 1.4 km Oxford Park Station 1.7 km Grovely Station 2.1 km POWERED BY HERE ©Bus stops within 5 km of 520 Samford Road, Mitchelton, QLD 4053 Distance Samford Rd at Gaythorne RSL 69 m Taylors Rd Near Mitcham St 159 m Gizerah St at Mitchelton Library 180 m Taylors Rd Near Lucy St 311 m Taylors Rd at Taylors A 318 m POWERED BY HERE ©
POWERED BY HERE ©
High Exposure Investment with Future Development Upside
- Huge 1,197sqm Samford Road position
- Investment + Development Opportunity
- 8km from Brisbane CBD
Positioned on busy Samford Road, less than 8km from Brisbane City this property provides a unique opportunity to secure a tenanted investment with endless future development upside.
On offer is a substantial 1,197sqm corner parcel of land currently tenanted to KC Dry Cleaning on a 5-year lease to 30 June 2025.
Located in the thriving Mitchelton precinct with Gaythorne RSL, Brookside Shopping Centre, childcare, fast food and auto retailers all located in close proximity.
Privately held by same family for more than 30 years, this property offers endless opportunities with a strong holding income in place.
This property must be sold! Offers close 16 July 2024.
PROPERTY HIGHLIGHTS
• Unbeatable exposure and street frontage to over 50,000* cars daily
• Substantial 1,197sqm corner landholding fronting busy Samford Road
• Held by same family for 30+ years
• High underlying land value
• 5-year lease to June 2025 + 1 x 5 year option
• Currently tenanted to KC Dry Cleaning: national business with 20 locations across Queensland, South Australia and Victoria
• Tenant pays all outgoings as per the lease
• Annual CPI increases
• Net income: $89,717pa + GST
OFFERS CLOSING TUESDAY 16 JULY 2024.
For further information contact Exclusive Agent Sarah Broad 0475 944 3....
On offer is a substantial 1,197sqm corner parcel of land currently tenanted to KC Dry Cleaning on a 5-year lease to 30 June 2025.
Located in the thriving Mitchelton precinct with Gaythorne RSL, Brookside Shopping Centre, childcare, fast food and auto retailers all located in close proximity.
Privately held by same family for more than 30 years, this property offers endless opportunities with a strong holding income in place.
This property must be sold! Offers close 16 July 2024.
PROPERTY HIGHLIGHTS
• Unbeatable exposure and street frontage to over 50,000* cars daily
• Substantial 1,197sqm corner landholding fronting busy Samford Road
• Held by same family for 30+ years
• High underlying land value
• 5-year lease to June 2025 + 1 x 5 year option
• Currently tenanted to KC Dry Cleaning: national business with 20 locations across Queensland, South Australia and Victoria
• Tenant pays all outgoings as per the lease
• Annual CPI increases
• Net income: $89,717pa + GST
OFFERS CLOSING TUESDAY 16 JULY 2024.
For further information contact Exclusive Agent Sarah Broad 0475 944 3....
Additional information
External websites
Property ID: 504615232Last Updated: 19 Sep 2024
04759443...
520 Samford Road
Mitchelton, QLD 4053
Kelly & Co Property - BrisbaneLevel 12, 324 Queen Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
