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SP Commercial - SPRINGWOOD

290 Wellington Bundock Drive Kooralbyn, QLD 4285

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290 Wellington Bundock Drive,
Kooralbyn, QLD 4285

Shops & Retail • Medical & Consulting • Offices

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SP Commercial - SPRINGWOOD
Silvio Bevacqua

SP Commercial - SPRINGWOOD

-
SPRINGWOOD, QLD 4127
04024104...
SP Commercial - SPRINGWOOD
290 Wellington Bundock Drive
Kooralbyn, QLD 4285

Map of 290 Wellington Bundock Drive

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10.86% NET RETAIL SHOPPING CENTRE*

  • 5 Tenancies with New Leases
  • Busy Local Regional Centre
  • Well Established Tenants
- Anchored by FOODWORKS EXPRESS plus PHARMACY, MEDICAL CENTRE and CAFE
- Available in one line or 7 strata shops.
- Passing income (2 Vacancies) $160,600 ($222/m2) with current occupancy 84.37% , fully leased $195,508 ($270/m2)
- CBRE Valuation completed for buyer funding as at October 2019: $1,800,000 to be purchased in one line. Can be purchased individually please contact agent for further information .
- Option to convert back to in one line retail centre and drastically reduce strata outgoings
- WALE 2.29 years based on income
- Option to owner-occupy one of vacant shops (fully fitted hairdresser + takeaway)

Owners will meet the market to sell this property in one line so don't delay submit your contract offer to the exclusive agent Silvio Bevacqua.

*Details in the IM to be provided to qualified buyers

Property ID: 502433154Last Updated: 15 Jun 2020

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