Location:

40 , Johnson Road, HILLCREST, QLD

Price:

Asking $8.6m

Enquire Now

8.5% net return with great potential, current tenant is paying from $40/m2

Type: FOR SALE

Property Features
  • Category : Retail
  • Land Area:16600 Square Metres
  • Building Area: 10723

Property Description
- Potential for around 8.5% net return
- Rent from only $40/m2.a, great potential for investor
- Owner has kept some of the low rent tenancy on periodic tenancy so it could be used by owner occupier or changed to other more suitable tenant
- Located in Hillcrest & Browns Plains Commercial hub and opposite to Coles Distribution Centre and the Woolworth's previous Masters Store
- Building area 10,723m2 on 4.1 acres land
- Net return around $735,927 per year based on full occupancy and current passing income of $631,027

Property Agent

Advert Id:2300

Name:Peter Huang

Phone: 337398****

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