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1 Forest Avenue Kirwan, QLD 4817

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1 Forest Avenue,
Kirwan, QLD 4817

Shops & Retail • Offices

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Multi Tenanted Convenience Centre - For Sale

Positioned on a prominent corner location, this multi tenanted investment offers a good quality tenant mixture and strong returns. The centre is well located amongst a large residential catchment area and easy access off both Ross River Road and Forest Avenue. With ample on site parking and rear access to all tenancies this property is surely a recipe for success.

Building Area: 538m2 plus attached first floor residential unit.
Land Area: 716m2
Zoned: Centre Convenience
Currently returning $110,521.92 pa gross plus GST
Outgoings: $27,518 pa approx (Rates, Insurance & Body Corp)
Rental upside on 1x retail vacancy and 1st floor residential unit.
6 month rental guarantee on current retail tenancy ($25,000 pa plus GST) if applicable
Net rental: $108,003 pa approx (incl rental guarantee)

Sale: $1,030,000.

To express interest or request more information, please contact Ray White Commercial.

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Property ID: 502328978Last Updated: 22 Jun 2017

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1 Forest Avenue
Kirwan, QLD 4817
RWC - Townsville
Level 1, 41-51 Sturt Street
TOWNSVILLE CITY, QLD 4810

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