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226/38 Warner Street Fortitude Valley, QLD 4006

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226/38 Warner Street,
Fortitude Valley, QLD 4006

Shops & Retail

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Map of 226/38 Warner Street

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Sub $200,000 Investment!

Cheaper than a residential unit! Be quick to purchase this retail investment in the heart of Fortitude Valley within the busy McWhirters retail precinct.

The property is currently leased to a dental group on a rental well below current market rates.

Investment particulars:
- Gross Floor Area: 54m2 (approx)
- Gross Rental: $29,790.12 + GST
- Budgeted Outgoings: $16,065.43 + GST*
- Net Income: $13,724.69 + GST*
- Annual Reviews: 3%
- Commencement Date: 14 April 2012
- Lease Term: 5 years + 5 year option
- Use: Currently fitted as a dental surgery

It is almost impossible to get an investment this cheap in the Valley.

Call now for a contract of sale!

Property ID: 501249171Last Updated: 19 Feb 2015

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226/38 Warner Street
Fortitude Valley, QLD 4006
McGees Property - Brisbane
Level 5, 410 Queen Street
BRISBANE CITY, QLD 4000

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