91 & 93 Wilston Road Newmarket, QLD 4051
Offers Over $1,500,000
Multi-Tenant Investment. Freehold Commercial & Freehold House
LJ Hooker Commercial are proud to present 91 & 93 Wilston Road, Newmarket for sale to the market. Clear instructions to sell and present all written offers to sellers. Extremely rare
opportunity to purchase freehold commercial and freehold house side by side in
* 91 Wilston Road - 379sqm Freehold Commercial Office Property. Fitted out with carpet, air con, internal office partitions. Individual amenities for each Suite. 386sqm building area
* Suite 1: Leased to Bed Kings. Gross Return: $47,052 per annum + GST. (tenant looking to sub-lease). 220sqm
* Suite 2: Leased to Coeliac Queensland. Gross Return: $41,160 per annum+ GST. 176sqm
* Total Gross Return: $88,212, outgoings (Rates, Insurance, Water) $10,780, Net Income $77,432 Plus GST (Excludes Land Tax)
* 93 Wilston Road - 2 Bedroom House + Sun Room. 407sqm Land Main bedroom with large walk-in-wardrobe. Separate kitchen, bathroom, lounge room, dining room. Covered outdoor back deck and ample onsite parking space.
* Leased at $400 per week until March 2019. Outgoings $3,622, Net Income $17,178 (excludes Land Tax)
* Excellent Corner site with unbeatable main road exposure. Close to Newmarket Shopping Centre, footsteps to Train Station, Lutwyche Road, Gympie Road, Stafford Road, Clem 7 Tunnel, Airport Tunnel and CBD.
* Contact Exclusive Agent Manoli Nicolas 0400 082 170 for inspection today
OFFICE: 386 sqm
HOUSE: 77 sqm
TOTAL: 463 sqm
LAND: 786 sqm
Newmarket is located 2.5kms from Brisbane’s CBD, Newmarket is serviced by several main roads including Newmarket Road, Days Road and Lutwyche Road. With the development of the Inner City By-Pass (ICB), Lutwyche Road has approximately 48,000 cars passing each day. Newmarket’s high exposure to traffic, parking availability and proximity to the city make it popular with many retailers, office and light industrial users.
Property ID: 503045702Last Updated: 15 Feb 2019