Location:

457 , Cavendish Road, COORPAROO, QLD

Price:

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MAIN ROAD FREE-STANDING RETAIL INVESTMENT

Type: FOR SALE

Property Features
  • Category : Retail
  • Land Area:1000 Square Metres
  • Building Area: 164
  • Car Spaces: 13
  • Tenancy: Tenanted

Property Description
Description:
* Long term lease to Liqourland (QLD) Pty Ltd.
* Trading as: Vintage Cellars.
* Lease start date: Jan 2012.
* Lease term: 5 Years with 4 x 5 year options until 2037.
* Current Gross Rental $97,943 per annum + GST. Outgoings: $9,542.39. Net Rental: $88,401.49. Includes: Electricity, water, air-conditioning, equipment, cleaning, gardening and general maintenance.
* Tenant pays all services.
* Tenant has been at the property for 18 years.
* National retailer. 80 stores Nation-Wide.
* 164m2 approx. Building Area.
* 1,000m2 corner site with two street access.
* Surrounded by substantial residential population.
* 13 car spaces onsite. Outdoor lighting.
* Quality internal fit out suitable for bottle shop.
* Rare opportunity to secure retail site in Coorparoo.
* Potential for further development upside in the future. (STCA)
* Contact Manoli Nicolas on 0400 082 170 for further details today.


Building Area: 164m2

Land Area: 1,000m²

Location:
Only 4 kilometres to the South East of Brisbane's CBD, Coorparoo forms part of the highly sort after City Fringe. The area benefits from a train station only a few stops from the CBD, as well as an extensive Brisbane City Council bus service. There is good access to major roads such as Ipswich and Old Cleveland Rds as well as the South East Freeway reducing time on trips in and out of the city.
Property Agent

Advert Id:11059

Name:Manoli Nicolas

Phone: 0400 0****

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