653 & 655 Wynnum Road Morningside, QLD 4170
Offers To Purchase
Tenanted Investment Details
2 Freehold Leased Investments With Substantial Development Upside
- Prime Retail Investment
- Substantial Development Upside
- Clear Instructions To Sell
* Currently 100% leased retail investment.
* Substantial future development potential (Subject to council approval)
* Currently 4 shops including: Cash Converters, Laundromat, Massage, Ringside Boxing.
* Total Building Area: 518sqm.
* Total Land Area: 1488sqm
* Total Gross Income: $147,186 + GST
* Total Net Income (excluding land tax): $117,214 + GST.
* Abundance of car parking onsite at rear of both properties, approx 12
* Solid brick buildings, with individual amenities, access driveways.
* Massive main road exposure to busy Wynnum Road.
* Close to CBD, Bulimba, Gateway Motorway and Airport.
* Clear instructions to sell, submit all serious offers to purchase in writing
* Contact Exclusive Agents Manoli Nicolas on 0400 082 170 for Peter McNeil on 0411 596 371 for inspection today
PRICE: Offers To Purchase
BUILDING AREA: 518 sqm
LAND AREA: 1,488 sqm
Property ID: 503188910Last Updated: 20 Jun 2019