1162 Sandgate Road,
Nundah, QLD 4012

Ray White Commercial Northern Corridor Group are pleased to present to the market 1162 Sandgate Road, Nundah for sale by public auction.

This multi-tenanted freehold property across two titles boasts true main street frontage in one of the more significant northside commercial precincts.

Immediate holding income from national brand tenants, proximity to nearby public transport infrastructure, and multiple potential tenancy configurations provide attractive potential for both investors and owner occupiers.

- 624m2* NLA split across 4 units situated on 918m2* allotment
- Current passing net income of $147,060.44* + GST P/A with a WALE of 1.44* years (as at 24 Oct 2022)
- Rental income lift available with current 178m2* first floor office vacancy
- Future potential income of $220,000+* net P/A based on 100% occupancy
- Currently leased to Licensed Post Office, PRD Nundah & Active Truth
- Prominent corner location with unbeatable exposure
- Heritage listed building at the rear, facing Buckland Road (Former PMG Telephone Exchange)
- Located on the corner of Sandgate Road & Buckland Road, adjacent to Nundah Village & Prince of Wales Hotel
- Value add investment opportunity in a tightly held market - Do Not Miss Out!

For further information, or to arrange an inspection, please contact Luke Hobman or Chris Massie.

*Approximately