Prime Freehold Adjoining Major Shopping Centre Solid Fully Leased Investment
988 Waterworks Road, The Gap QLD
Property Highlights
Fully tenanted freehold investment
Adjoins major Shopping Centre
Medical and retail tenancy mix
Description
Rare retail investment seamlessly adjoins Coles/Aldi anchored ‘The Gap Village’ Shopping Centre
Neighbours Commonwealth Bank, McDonald’s, Liquorland, Subway, Bank of QLD, medical centre & others
Prime main road position 10 km from Brisbane CBD
On-site parking for 10 vehicles
Fixed annual rent increases
Substantial 1,002 sqm site
Tenants comprise: Cafe Tara – just renewed 6 year lease plus options to 2029, Complete Smile – established dental practice leased to July 2024, Ray White Real Estate – leased to 2023 plus options to 2028
Net Income: $181,009 pa + GST (Including Land Tax)
Auction: Tues 11 September 2018 at 11am AEST
Venue: Doltone House Hyde Park, 181 Elizabeth Street, Sydney
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
1,002 SQM
Building Area
407 SQM