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FAL Property Group

155 Baroona Road Paddington, QLD 4064

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155 Baroona Road,
Paddington, QLD 4064

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**Under Contract**

  • Net Return $453,904.00 approx + GST
  • Prime Corner Position
  • WALE: 4.98 Years
YOU are viewing an A Grade neighbourhood, prime corner investment at the geographic heart of Rosalie. The property boasts fantastic frontage to both Baroona Road and Nash Street, rear access and generous undercover car parking.

This free-standing mixed use fully let asset is comprised of 6 tenancies (2 office and 4 retail spaces). The retail tenancies include iconic operators Baskin and Robbins, 5 Boroughs and Meat at Billys. The retailers benefits from over 235sqm of licensed areas that make up a vast exclusive alfresco dining area. The 737sqm fully let asset is spread over 2 levels.

The cleverly activated site is 1090sqm in land size.

The total net return of this fully leased asset is $453,904.00 PA (approx) + GST, with a WALE of 4.98 years provides years of certainty and comfort.


To access a detailed Information Memorandum, please contact Exclusive agents Jeremy Conybeare or Huw Feeney.

Paddington, 4064 demographic data

The median household income for Paddington is $2,775, 50% higher than Greater Brisbane's household income of $1,849. Paddington has a younger age profile compared to the rest of Greater Brisbane (median age 34 vs 36). Property ownership data shows 54% of property owners in Paddington have a mortgage.

9,063
Population
$2,775 per week
Median household income
34 years
Median age
Owners
Most residents
Families
Most households

FAL Property Group

Suite 3, Level 1, 5 Gardner Close
MILTON, QLD 4064
04112282...
FAL Property Group
155 Baroona Road
Paddington, QLD 4064
FAL Property Group
Suite 3, Level 1, 5 Gardner Close
MILTON, QLD 4064

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