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135 Margate Parade, MARGATE QLD 4019

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$1,450,000 (GST n/a)

Medical / Consulting, Retail/Shops/Shopping Ctrs/Service Stn…
Land size:
430 sq.m
Building size:
253 sq.m
Property ID:
213756

Main content:

MEDICAL CENTRE WITH RESIDENCE WATERFRONT MARGATE

Very rare oportunity to buy a commercial property on the waterfront with lovely ocean views. Highset building containing a doctors practise, specialists medical consultants with 13 rooms, large waiting room, toilet blocks with shower, storage room, 2 treatment rooms, amenity room & allied health rooms and the car park and a large 3 bedroom residential flat upstairs with secured leases. Land 430 square metres Local zoning: Mixed residential. Special zoning: Special facilities.

Summary

Building Area
253 m²
Land Area
430 m²
Occupancy
leased investment
Parking Spaces
4

Sale Information

Sale Price
$1,450,000 (GST n/a)

Lease Information

Rental (p/a)
$100,000 (GST inc)
Outgoings Paid By
owner
Actual Return
6.8%
Rent Review
Doctors practise - 3 years plus option of 3 years Medical consulting rooms Residential flat upstairs- 6 months at present

More information


Address is approximate.