24 / 1631 Wynnum Road,
Tingalpa, QLD 4173

Shops & Retail • Offices • Showrooms & Large Format Retail

Price information

Sold

Contact Agent

Key property information

Floor area

Car spaces

Tenure type

Sold on

Map of 24 / 1631 Wynnum Road

Directions

MULTI-TENANTED INVESTMENT with 7.3% NET RETURN

Fully Leased Investment - 3 Tenants
Near New Facility - Full Depreciation
Massive Exposure to Wynnum Road

Ray White Commercial TradeCoast is pleased to present this modern, fully leased, multi-tenanted 259sqm commercial office & retail building for sale via Private Treaty.

Located in the Tingalpa Central development with the Coffee Club at the entrance, this property is well located and provides easy access to the Gateway Motorway just 1km* away.
- Featuring three individual tenancies consisting of 64sqm, 71sqm and 124sqm.
- Fully leased with two new three year leases, the third lease has roughly 18 months to run with a 3 year option.
- Current Net income of $87,616pa plus the Tenants pay all Outgoings + GST
- The property directly faces busy Wynnum Road offering massive signage exposure for the Tenants
- Near new facility offering significant depreciation benefits
- Sale Price: $1,199,000 GST Exempt - (Going concern rule applies) = 7.3% Net Return!

Contact Exclusive Agent Jared Doyle of Ray White Commercial TradeCoast for copies of the leases and to arrange an inspection today!

Property ID: 502467970Last Updated: 15 Oct 2023

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.

(07) 3110 88...