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LJ Hooker Commercial - Brisbane
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653 & 655 Wynnum Road Morningside, QLD 4170

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For Sale

653 & 655 Wynnum Road Morningside, QLD 4170

Shop & Retail • Development Sites & Land • Offices
Sale Price

Offers To Purchase

Land area

1488.0m²

Floor area

518.0m²

Car spaces

12

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$147,148
Number of Tenants
4 Tenants
Tenants / Type
Cash Converters

2 Freehold Leased Investments With Substantial Development Upside

  • Prime Retail Investment
  • Substantial Development Upside
  • Clear Instructions To Sell
* Rare opportunity to secure two free-standing side by side investment properties.
* 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

0400 *** ***
LJ Hooker Commercial - Brisbane
653 & 655 Wynnum Road
Morningside, QLD 4170
Manoli Nicolas

LJ Hooker Commercial - Brisbane

6/3370 Pacific Highway
SPRINGWOOD, QLD 4127

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LJ Hooker Commercial - Brisbane

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LJ Hooker Commercial - Brisbane

6/3370 Pacific Highway
SPRINGWOOD, QLD 4127
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Manoli Nicolas

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Manoli Nicolas
LJ Hooker Commercial - Brisbane
653 & 655 Wynnum Road Morningside, QLD 4170

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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