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33 & 35-37 Redcliffe Parade Redcliffe, QLD 4020

33 & 35-37 Redcliffe Parade,
Redcliffe, QLD 4020

Shop & Retail • Other

Price information

Sale

$7,650,000

Key property information

Land area

Floor area

Property extent

Municipality

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$426,761
Number of Tenants
6 Tenants

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Rare Ocean - Front Retail Investment - Develop to13 Storeys

  • 6 Fully leased tenancies
  • Fixed 3% annual rent increases
  • Zoned mixed development to 13 storeys
+ 6 Retail tenancies with two street frontages
+ Tenants include Coffee, Real Estate, Tobacconist & others
+ Mostly new 5 year leases
+ High traffic Brisbane seaside tourism precinct
+ Oceanfront reserve freehold 1,351sqm site
+ Zoned mixed development (residential/commercial/retail) to 39m height or 13 storey's
+ Theoretical development entitlement, at prescribed setbacks, equals an estimated 7,100sqm GFA
+ Fixed annual 3% rent increases
+ Spectacular views over Moreton Bay to Moreton Island
+ Moreton Bay Region 30 mins to Brisbane CBD & one of the fastest growing populations in Australia
+ Net Income $$426,761 p.a. plus GST (as at June 22)

For Sale: $7,650,000

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Property ID: 504018295Last Updated: 24 Jun 2022

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33 & 35-37 Redcliffe Parade
Redcliffe, QLD 4020
Burgess Rawson - Brisbane
Level 12, 127 Creek Street
BRISBANE CITY, QLD 4000
Burgess Rawson Consultants
Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
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