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Raine & Horne Commercial - Brisbane North

95 Prince Edward Parade Scarborough, QLD 4020

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95 Prince Edward Parade,
Scarborough, QLD 4020

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Raine & Horne Commercial - Brisbane North
Michael Schafferius

Raine & Horne Commercial - Brisbane North

337 Gympie Road
KEDRON, QLD 4031
04235915...
Raine & Horne Commercial - Brisbane North
95 Prince Edward Parade
Scarborough, QLD 4020

Map of 95 Prince Edward Parade

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RARE MULTI-TENANTED FREESTANDING INVESTMENT WITH 4.2 YEAR WALE

Coming to AUCTION on Wednesday October 6 (if not sold prior) this 297sqm* freestanding fully-tenanted retail centre on 602sqm* hosts one of the area's busiest and well-established dine-in and takeaway restaurants, and a well-known and popular cafe.

***Virtual tour now available - please click 3D tour button above located on the main photo or on Property Highlights

KEY FEATURES
• 297sqm* GFA on a 602sqm* corner block
• Two long-term tenants on newly signed leases
• Currently returning $71,809.93 net p.a.
• 4.2 year Weighted Average Lease Expiry (WALE)
• Tenant 1 is a Thai restaurant occupying 217sqm*
• Tenant 2 is a Cafe' occupying 80sqm*
• Eight car parks at rear plus ample street parking
• 1min walk to Scarborough waterfront

Our vendors are highly motivated and this property must be sold at Auction or prior to.

Auction In-Rooms (if not sold prior) Wednesday 6 October at 11am at Raine & Horne Commercial Office - 337 Gympie Road, Kedron.

*Approximately

For further information or to arrange an inspection, contact your EXCLUSIVE Raine & Horne Commercial agents today.

Listing ID 7734381

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Property ID: 503828906Last Updated: 15 Dec 2021

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