196 Anzac Avenue,
Kippa-Ring, QLD 4021

Shops & Retail • Warehouse, Factory & Industrial • Showrooms & Large Format Retail

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Map of 196 Anzac Avenue

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COMMERCIAL INVESTMENT PROPERTY OFFERED AT 9.5% YEILD

Good quality investment properties are few and far between and really good investment properties like this one are even harder to find!

Located along busy Anzac Ave in Kippa Ring's retail and commercial precinct this recently refurbished and stand alone building is home to two quality automotive repairers who are, Sliver Fox Tyre Centre and Midas a well known national franchise brand.

With strong leases in place that includes a 3 x 3 x 3 for the tyre company and a 5 x 5 x 5 for Midas, combined they pay outgoing charges and offer an annual net income of $131,000.

If you are looking to park your money in a reasonable investment then this opportunity is certainly worth a closer look. For more information or to inspect this property.

Ref: CCR-4537188 GM

Kippa-Ring, 4021 demographic data

The median household income for Kippa-Ring is $1,297, 30% lower than Greater Brisbane's household income of $1,849. Kippa-Ring has an older age profile compared to the rest of Greater Brisbane (median age 43 vs 36). Property ownership data shows 47% of property owners in Kippa-Ring have a mortgage.

9,745

Population

$1,297 per week

Median household income

43 years

Median age

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