This 217m2 tenanted retail investment shop located in Rochedale South and Springwood boundary areas. Currently rented at $75,000 (included GST & Outgoings) + $5000 outgoings per year up for local grocery business to 11 June 2020 + CPI annual rent adjustment + 3 years option. Council rate and Body Corporate charges around 18,800 per year. Net return boost around 7.5%. The whole shopping strip contains more than 10 different well tenanted mix business to local residences. Perfect for investment and future self use.
Call Wanger Lam on 0412096599 for details and inspection.
For more details, please email agent