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36 Vernon Terrace Newstead, QLD 4006

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36 Vernon Terrace,
Newstead, QLD 4006

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Trendy Cafe Precinct! Investment Sale

This trendy cafe precinct lies in the ever evolving Tenneriffe riverside suburb of Brisbane. Developed in 2006, London Quarter comprises a mix of 9 tenancies servicing 115 apartments in the London Woolstore complex and surrounding precincts. This tenancy offers a secure long term investment. Details are;

Lease Commencement: 1 April 2013
Term: 5 years + 5 years
Expiry: 31 March 2017
Current Net Income: $47,449.46
Annual Review: 4%
Sale Price: $595,000
Area: 41m2 + outdoor alfresco dining

Perfect for the self managed super fund, this investment opportunity ticks all the boxes. Call Gavin Moore now for further information.

Property ID: 500787791Last Updated: 13 Dec 2013

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36 Vernon Terrace
Newstead, QLD 4006
McGees Property - Brisbane
Level 5, 410 Queen Street
BRISBANE CITY, QLD 4000

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