36 Vernon Terrace,
Newstead, QLD 4006
Key property information
Map of 36 Vernon Terrace
SOLD FOR $1,450,000 - 4.9% YIELD!
- Longstanding tenant in place
- 114m2 unique retail space + 1 car
- High end extensive fit out
The opportunity offers investors the option to purchase a blue-chip retail investment with the strong covenant of a tenant with exceptional track record.
Key features of the property include:
- New seven (7) year lease + five (5) year option
- Proven tenant in place for over (11) years
- 114m2 character retail space
- Current tenancy returns $72,390 NET + OUTGOINGS + GST per annum
- One (1) car space
- Substantial high-end fit out
- High socio-economic inner-city precinct
- Fantastic signage potential onto Vernon Terrace
- Ideally positioned with close proximity to renowned retail amenities and the Gasworks precinct
Expressions of Interest close 15th of June 2022 at 4PM!
For more information or to arrange an inspection, please don't hesitate to contact your exclusive Elders Commercial Agents Today!
Property ID: 504067927Last Updated: 19 Sep 2022
More properties from Elders Commercial - Brisbane
Contact Agent5 Morse Street,Newstead, QLD 4006
Contact Agent1/9 Chester Street,Newstead, QLD 4006
Contact Agent730 Brunswick Street,Fortitude Valley, QLD 4006