A RARE neighbourhood centre zoned freehold corner site is available to purchase in a popular retail precinct in the heart of Toowong.
This is a genuine opportunity for owner occupiers looking to situate a business within a classic character building that also provides great exposure, or savvy investors looking to secure a piece of this tightly held inner city fringe suburb and with a significant rental income upside and development potential.
Key features include: – NLA 150sqm split into two shop fronts/ Land Area 288sqm. – Rental income upside – Additional 70sqm Deck with architectural plans drafted to create another shop/add NLA (*subject to DA approval) – Great exposure to Dean Street – a vibrant retail precinct in a high traffic area – 2 on-site car spaces at rear – Abundant storage – Shop 1 is 100% solar powered – 14 month lease in place for Shop 2, no Options – The Seller will consider a lease back for 12 months from Settlement to allow the Buyer time to plan its upgrades. – Up to $58,173 p.a gross + GST short term income. – Outgoings: $10,780 pa.
Contact Jeremy Conybeare today for an IM.