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COULD THIS BE THE BARGAIN OF THE CENTURY

15 Drynan Drive, CALLIOPE QLD, 4680

Sold

Property Sold in 15 Drynan Drive, CALLIOPE QLD, 4680

Listing ID:
11342967
Status:
Sold
Price:
$699,000
Last Updated:
11/12/2019
Icon building

Property Type

Retail/Offices/Medical/Consulting
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Land Area

3758 SQM
Icon size

Floor Area

806 SQM
Icon parking

Parking

N/A

COULD THIS BE THE BARGAIN OF THE CENTURY

Could this be the bargain of the century?

Currently just over 50% tenanted, yet returning a gross income of $65,000*^ per year which nets out to over $5,500*^ per month.

Massive upside.

Some minor improvements to the shopping centre and one or two more tenants could double the income and allow extremely high cashflow investment getting a return of up to 20%* once fully tenanted. Currently at 8.8%*^.

Do not delay, act quickly and grab this shopping centre!

It could be the first one on your portfolio of shopping centres.

Contact Andrew Allen today on 0408 799 585.

*Approx
^Subject to change due to nature of retail tenancies

For more details, please email agent


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