Affordable Metropolitan Retail Investment | 10 Year Lease plus Option Until 2037

105/1 Aspinall Street , Nundah QLD

Property Highlights

Affordable Metropolitan Investment
10 Year Lease Plus Option Until 2037
Attractive 3% Annual Increases

Description

Well presented 122 sqm premises plus exclusive use alfresco area
Modern development, completed 2017
Tenant is a franchisee of popular and rapidly growing Cafe 63 with 38 locations
Nundah: a dynamic and growth cosmopolitan suburb 10 km to Brisbane Airport or 20 km to CBD
Central position amongst high rise residential/commercial towers, close to train station and Woolworths shopping centre

10 year lease to 2027 plus 10 year option until 2037
Attractive 3% fixed increases assuring growth
Net Income: $96,619 pa + GST

For Sale by Investment Portfolio Auction
Tuesday 23 February at 11am
Yallamundi Rooms, Sydney Opera House

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Building Area
122 SQM

Price

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