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COASTAL ° Commercial

52 CLEMENTS STREET Moranbah, QLD 4744

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52 CLEMENTS STREET,
Moranbah, QLD 4744

Shops & Retail • Other

Price information

Sold

$1,300,000

Key property information

Land area

Floor area

Tenure type

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COASTAL ° Commercial
Dax Roep

COASTAL ° Commercial

Level 3, 16 Queensland Avenue
BROADBEACH, QLD 4218
04212303...
COASTAL ° Commercial
52 CLEMENTS STREET
Moranbah, QLD 4744

Map of 52 CLEMENTS STREET

Directions

Regional Convenience Centre & Storage Complex - Yielding 13% plus!

Harcourts Coastal Commercial have the exclusive privilege to offer to the market 'Clements Street Plaza' within the burgeoning Moranbah mining town in central northern Queensland.

The centre has been the focus of a major re-leasing campaign and is now offered fully tenanted and features:
• Large 2,622m2 corner allotment with main road exposure
• Solid Concrete Neighbourhood Shopping Complex with abundance of car parking
• 6 retail tenancies ranging from 52m2 to 138m2 (Net Lettable Area: 463m2)
• Additional Storage Complex to the rear containing 10 units (Net Lettable Area: 250m2)
• Net Income of $185,286* p.a + GST
• Value add opportunity with lapsed DA to construct 7 residential apartments above
• Capitalise on the strong economic and population growth of the Moranbah mining region
• Potential for further expansion of the existing retail building or storage sheds.

The long-time owner is retiring and the opportunity presents itself for an investor to take advantage and secure this outstanding high yielding opportunity.

*Approximately

Disclaimer:
Harcourts Coastal Commercial has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Beyond Commercial Pty Ltd trading as Harcourts Coastal Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Additional information

Property ID: 504281304Last Updated: 3 Apr 2024

COASTAL ° Commercial
Level 3, 16 Queensland Avenue
BROADBEACH, QLD 4218
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