166 & 168 Hardgrave Road West End, QLD 4101
2 Freehold Properties. Premium Investment. 734sqm Total Land Area
* 2 side by side retail properties with rear access and car parking.
* 166 Hardgrave Road. 125sqm vacant. Partial restaurant fit out in place. 20sqm basement storage. 8 car spaces tandem.
* 367sqm each allotment, rear easement over driveway to neighbouring property.
* Potential Rental Fully Leased: $52,200 per annum net. Total Building Outgoings (insurance, rates, water): $10,910 (excluding land tax)
* 168 Hardgrave Road. 118sqm fully leased to bottle shop. 5 year lease and 5 year option. Start 1/5/2017. $68,400 Net Income. 2 Car Spaces. Tenant pays 57% outgoings.
* 46sqm Vacant. Commercial kitchen fit out. 2 car spaces. Potential Rental: 34,200 Net.
* 50sqm basement office/storage area. Vacant. Potential Rent: $15,480 Gross. Total Building Outgoings (rates, insurance, water): $13,402. (excluding land tax).
* Total Building Area: 359sqm. Total Retail Area. 289sqm. 734sqm Total Land Area.
* Prime West End corner freehold position. Excellent opportunity to purchase and increase returns.
* Contact Manoli Nicolas on 0400 082 170 for inspect today.
OFFICE: 50 sqm
RETAIL: 289 sqm
STORAGE: 20 sqm
TOTAL AREA: 359 sqm
LAND AREA: 734 sqm
Property ID: 503124830Last Updated: 8 May 2019