2059 Moggil Road
Kenmore, QLD 4069
Dedicated on-site parks at rear adjoin a substantial public car park
District Centre 1
12 Feb 2015
Map of 2059 Moggil Road
Two buildings - Three Tenants - Kenmore, Brisbane
- Prominent corner position
- High volume traffic opposite school
- Net income $253,000 approx.
Prominently located on the corner of Moggill Road and Princeton Street, 2059 Moggill Road comprises two adjoining buildings with two long term ground floor tenants and an upstairs tenancy – currently vacant, though under negotiation. The property is a short walk from the Kenmore Village Shopping Centre (Coles) and directly opposite the Kenmore State School on a very busy street. A substantial car park is at the rear of the property.
2059 Moggill Road Kenmore offers:
•A well located investment property positioned on a high profile corner;
•An investment size and a NET return which will far exceeds that of residential property or fixed interest – ideal for long term investment;
•Several exit strategies such as breaking the title into two smaller investments (STCA), future site amalgamation with adjoining owners and possibly redevelopment;
•A central position in a long-established high income demographic with exposure to substantial vehicular and footpath traffic;
•Location within a recognised service & restaurant precinct;
•Fully leased net Income of $253,000. Approx.
Colliers International is proud to have been chosen to offer 2059 Moggill Road Kenmore for sale by Public Auction – October 2 2014.
For a copy of the leases, sales contract or further information, please contact the agent:
Property ID: 501264855Last Updated: 12 Feb 2015