55 Old Cleveland Road,
Greenslopes, QLD 4120
Shops & Retail • Offices • Development Sites & Land
Price information
Sold
$2,700,000
Key property information
Land area
Floor area
Car spaces
Property extent
Zoning
Tenure type
Sold on
Map of 55 Old Cleveland Road
Colonial landmark investment
* Premium corner position across from Stones Corner Hotel
* Strong mix of six local and national tenants
* Current net income of $215,738 + GST per annum
* Varying lease terms providing value add opportunity
* Built circa 1888 no heritage listing
55 Old Cleveland road is located just off the main Stones Corner shopping precinct. The property occupies a prime corner position directly across from the Stones Corner hotel and also benefits from excellent exposure to Old Cleveland Road. It falls within the Stones Corner core sub precinct giving future development upside. The improvement offers two levels of accommodation with good quality office on the first floor and a multi tenancy retail strip across the ground floor. Parking is on grade and accessed via Stoneham Street. The property is fully leased with a mix of national and local tenants on varying lease terms.
* Strong mix of six local and national tenants
* Current net income of $215,738 + GST per annum
* Varying lease terms providing value add opportunity
* Built circa 1888 no heritage listing
55 Old Cleveland road is located just off the main Stones Corner shopping precinct. The property occupies a prime corner position directly across from the Stones Corner hotel and also benefits from excellent exposure to Old Cleveland Road. It falls within the Stones Corner core sub precinct giving future development upside. The improvement offers two levels of accommodation with good quality office on the first floor and a multi tenancy retail strip across the ground floor. Parking is on grade and accessed via Stoneham Street. The property is fully leased with a mix of national and local tenants on varying lease terms.
Property ID: 502259778Last Updated: 8 May 2017
07 3331 54...
55 Old Cleveland Road
Greenslopes, QLD 4120
RWC - MiltonGround Level, 65 Park Road
MILTON, QLD 4064
MILTON, QLD 4064
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