90 Flinders Parade Sandgate QLD 4017

Shop & Retail
1,230 m²
Sold

Waterfront Residential & Retail Investment

Ray White Commercial QLD, in conjunction with Ray White Special Projects QLD, are pleased to present to the market 90 Flinders Parade, Sandgate QLD. On offer is a high profile residential and retail investment prominently located along the well known waterfront of Sandgate.

• Fully leased dual income investment in a well established residential and tourist destination
• Securely leased to Baaia Cafe and Sandgate Fishmongers who trade very well in this high traffic location
• These ground floor retail shops have been 100% occupied for over 18 years without vacancy
• 12-room residential boarding accommodation with some long term tenants having occupied their rooms for up to 28 years
• Irreplaceable and high profile 1,093sqm* land parcel
• Located just 16km* from the Brisbane CBD with easy access to the Airport
• Affluent suburb with $850,000 median house price that is 54% above the QLD average**
• Fully leased net income $164,309* + GST pa

Presented to the market for sale by Public Auction 10:15am (AEST) Friday, 26 November 2021.

Inspection Times

• Wednesday 3 November : 4:30-5pm
• Saturday 6 November: 11am to 11:30am
• Saturday 13 November: 11am to 11:30am
• Saturday 20 November: 11am to 11:30am
• Wednesday 24 November: 4:30-5pm