1 Forest Avenue,
Kirwan, QLD 4817

Shops & Retail • Offices

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Zoning

Tenure type

Sold on

Return

Map of 1 Forest Avenue

Directions

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.

Explore property virtually

Video

Property ID: 502328978Last Updated: 22 Jun 2017

This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.