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245 MUSGRAVE STREET Berserker, QLD 4701

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245 MUSGRAVE STREET,
Berserker, QLD 4701

Shops & Retail • Offices • Medical & Consulting

Price information

Sold

$510,000

Key property information

Land area

Floor area

Parking info

Property extent

Municipality

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Map of 245 MUSGRAVE STREET

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PRICE REDUCED - FULLY LET SHOP COMPLEX RETURNING 9% - HIGH PROFILE CORNER ADJACENT TO ONE OF QUEENSLANDERS LARGEST SHOPPING CENTER - SHOPPING FAIR

Returns 8% and Located in a high profile location with a magnificent frontage to busy Musgrave Street. That is one of the highest traffic flow areas in Rockhampton.
These four brick shops are all leased to high profile tenants with the following returns
Shop A - Money three cooperation limited paying $15000 p/a
Shop B & C - Love Heart Atomic paying $31800 p/a
Shop D - Dress Maker Bridal Wear paying $12000 p/a
This is a total gross return of $58800 p/a - The existing owner is not registered for GST and rentals include outgoings.
The owner has quoted insurance at $2871 and rates at $9410.40 p/a
The statutory only proved land valuation on the vacant land is presently $270000

Property ID: 502780902Last Updated: 5 May 2019

04030505...
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245 MUSGRAVE STREET
Berserker, QLD 4701
Kas Woch Real Estate - Rockhampton
Cnr Archer & Denison Street
ROCKHAMPTON CITY, QLD 4700
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