Lot 815, 3 Parklands Boulevard,
Brisbane City, QLD 4000

Shops & Retail

Price information

Sold

$585,000

Key property information

Floor area

Property extent

Sold on

Map of Lot 815, 3 Parklands Boulevard

Directions

RETAIL SHOP INVESTMENT BRISBANE CITY 9.4% NET YIELD $600,000.

Excellent small family investment
Rarely offered in Brisbane City Fringe
9.45 % Net Yield on Selling Price

This is a rare opportunity for a Investor to purchase a Freehold Title Shop located on the Ground Floor of a Upmarket Residential Tower . This building is adjoined by 4 other Residential Towers and overlooks the Roma Street Park lands and backs on to the Roma Street Railway Station. The shop is leased to Convenience Store Operator and has signed off on 5 year option to commence on the 25th May 2015.
* 5 year option plus 5 year option
* Original Lease commenced 25/05/ 2010
* Rent $ 56,738.14 per year + GST
* 4% Rent reviews annually and market at Option.
* Lessee pays for Rates & Water Utility Charges

Inspection by appointment only by contacting Sole Agent Tom Chan 0478 586 131

Property ID: 501499151Last Updated: 11 Jun 2015

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