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Suburban retail complex with upside - 8% net

72-86 Mooney Street, GULLIVER QLD, 4812

For Sale

Property for Sale in 72-86 Mooney Street, GULLIVER QLD, 4812

Listing ID:
11371534
Status:
Active
For:
Sale
Price:
$990,000
Last Updated:
20/01/2020
Icon building

Property Type

Retail
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Land Area

1248 SQM
Icon size

Floor Area

580 SQM
Icon parking

Parking

N/A

Suburban retail complex with upside - 8% net

Positioned on a prominent corner location, this multi-tenanted investment offers a good quality tenant mixture. The centre is well located amongst a large residential catchment area and easy access off both Bayswater Road and Fulham Road.

The centre has ample onsite parking and rear laneway to access all tenancies. Each shop has its own facilities at the rear of the building with two tenancies having grease traps and one with an exhaust canopy.

Gross Rental: $102,323.11 p.a. plus GST with upside available in two vacant tenancies.

Net Rental: $78,962.56 p.a. plus GST

This convenience centre is offered to the market at $990,000.

For more details, please email agent


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