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Sands Arcade, 6 Normanby St Yeppoon, QLD 4703

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Sands Arcade, 6 Normanby St,
Yeppoon, QLD 4703

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Map of Sands Arcade, 6 Normanby St

Directions
  • Bus stops within 5 km of Sands Arcade, 6 Normanby St, Yeppoon, QLD 4703Distance
    Hill St Near Findlay Lane176 m
    Appleton Dr NR Anzac Pde386 m
    Appleton Dr Near Sea View Rd428 m
    James St Near Park St700 m
    Queen St NR Arthur St713 m
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MULTI-TENANTED INVESTMENT

  • Net Income of $167,045.73 + GST pa
  • 10 Tenancies
  • Excellent Upside
Knight Frank is pleased to present for sale ‘Sands Arcade’, ideally situated in the CBD of Yeppoon.

The asset is fully leased and provides a robust income stream thanks to its 10 tenancies across two levels.

Additionally, the asset offers great development upside thanks to the location and excellent value-add opportunities with proposed lease improvements.

Features include:

- Net Income of $167,045.73 + GST per annum
- 551* sqm of freehold land (STS)
- 1,102* sqm of NLA (STS)
- 10 tenancies
- Multiple amenities across ground floor and level 2
- Rear access to Yeppoon Town Centre Carpark
- Major electrical and plumbing restoration in recent years including the upgrade of the main electrical switchboard
- Zoned Major Centre under Livingstone Shire Council Planning Scheme 2018
- Premium CBD location
- Excellent signage opportunities
- Excellent development upside
- Great opportunity for lease/ rental income improvements

For Sale by Offers to Purchase, please contact exclusive agents Adam Kelly or Neale Crow for further information.

*Approx

Property ID: 504696196Last Updated: 27 Sep 2024

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Sands Arcade, 6 Normanby St
Yeppoon, QLD 4703
Knight Frank - Rockhampton
Level 2, 102 Bolsover Street
ROCKHAMPTON CITY, QLD 4700

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