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DUGAN & CO PROPERTY - NEWSTEAD

152 Woogaroo St Forest Lake, QLD 4078

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152 Woogaroo St,
Forest Lake, QLD 4078

Shops & Retail • Offices • Medical & Consulting

Price information

Sale - Expression of Interest

Contact Agent for Details

Key property information

Land area

Floor area

Car spaces

Property extent

Zoning

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$424,283
Number of Tenants
10 Tenants
Tenants / Type
Foodworks, Harcourts, QML & NGU RE

Private inspections

to arrange a private inspection.
DUGAN & CO PROPERTY - NEWSTEAD
Paul Dugan
Patricia Valinho

DUGAN & CO PROPERTY - NEWSTEAD

Level 1, 88 Commercial Road
NEWSTEAD, QLD 4006
DUGAN & CO PROPERTY - NEWSTEAD
152 Woogaroo St
Forest Lake, QLD 4078

Map of 152 Woogaroo St

Directions
  • Train stations within 5 km of 152 Woogaroo St, Forest Lake, QLD 4078Distance
    Richlands Station3.3 km
    Gailes Station4.4 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 152 Woogaroo St, Forest Lake, QLD 4078Distance
    Grand Ave West Near Centennial Way192 m
    Roxwell St at Lovat Street365 m
    Grand Ave at Grand Avenue School516 m
    Woogaroo St at Lochwood Ave553 m
    Lochwood Ave at Woogaroo Lochwood615 m
    POWERED BY HERE ©
POWERED BY HERE ©

Trophy Retail Investment with Upside

- FULLY LEASED
- NATIONAL TENANTS
- STRONG RENTAL UPSIDE

Dugan & Co Property proudly presents 152 Woogaroo St, Forest Lake, For Sale. This strategic retail investment represents a rare opportunity to acquire a fully leased retail asset in a high growth region with national brand tenants, secure income stream and rental upside.

This sought after investment opportunity with rental upside features the following:

- 10 Fully Leased tenancies with long term leases in place
- Estimated passing net income: $424,283.08** per annum plus GST.
- Newly refurbished 893sqm* building with excellent tax depreciation
- A landmark 2,245sqm* corner site landholding on a roundabout with massive exposure
- Vibrant precinct with well-regarded occupants including Harcourts, NGU Real Estate, QML & Foodworks.
- Strong annual income growth of 3% & 4% fixed rental reviews.
- Quality finishes with excellent tenant signage and illuminated pylon board.
- 36 Car spaces, plus Disabled car space and Loading Zone.

For Sale Via EOI Closing the 4th July at 5pm (if not sold prior).

Contact exclusive agent Paul Dugan & Patricia Valinho at Dugan & Co Property today to learn more and secure this lucrative investment.

*Approximate.**Approximate from 1st July 2024

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Property ID: 504600284Last Updated: 13 Jun 2024

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