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PRIME RETAIL SHOPS 7.5% YIELD - ASKING PRICE $364,000

Lots 1-8 9-13 Waldron Street, YARRABILBA QLD, 4207

Sold

Property Sold in Lots 1-8 9-13 Waldron Street, YARRABILBA QLD, 4207

Ray White Commercial Gold Coast

Level 2, 50 Cavill Avenue, Surfers Paradise, QLD 4217

Listing ID:
11342104
Status:
Sold
Price:
From $364,000 - $600,000
Last Updated:
10/07/2019
Icon building

Property Type

Retail
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Land Area

2200 SQM
Icon size

Floor Area

483 SQM
Icon parking

Parking

N/A

PRIME RETAIL SHOPS 7.5% YIELD - ASKING PRICE $364,000

Michael Willems is pleased to offer 6 well located retail commercial holdings in one of QLD fastest growing suburbs (Yarrabilba).

The strata titled commercial allotments are located within the newly constructed ‘'Meridian at Yarrabilba' development, adjoining the newly constructed Coles supermarket, Mcdonalds restaurant, medical centre and Caltex serves station.

The property represents a fantastic opportunity to purchase a quality income producing retail investment in one of the country's highest growth.

NOTE: Tenants pay all outgoings.

* Shop 1&2: 88*m2, Net Income $45,000*p.a.
3yr lease + options
Asking Price $600,000.00

* Shop 3: 53*m2, Net Income $27,300*p.a.
3yr lease + options
Asking Price $378,000.00

* Shop 4: 51*m2, Net Income $27,300*p.a.
3yr lease + options
Asking Price $364,000.00

* Shop 5: 51*m2, Net Income $27,300*p.a.
3yr lease + options
Asking Price $364,000.00

* Shop 6: 58*m2, Net Income $31,030*p.a.
3yr lease + options
Asking Price $414,000.00

Located right next door to Coles & McDonalds and adjoins the site which will become home to the Yarrabilba hotel.

Well positioned between Brisbane's CBD and the Gold Coast, the Yarrabilba community is fast taking shape, with residents already enjoying shopping, schools and community facilities at their doorstep. Many more facilities are planned - from a major town centre with specialty stores, cafes and restaurants, to village centres, business precincts and up to 11 schools^.

Local employment opportunities will grow as the community blossoms. From the business hub to the future town centre, there are plans for more than 13,000 jobs on-site, including plenty of possibilities for home based businesses^.

Must be sold due to other commitments so don't miss this golden opportunity!

For more details, please email agent


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Ray White Commercial Gold Coast

Level 2, 50 Cavill Avenue, Surfers Paradise, QLD 4217


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