PADDINGTON QLD 4064
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- 16 Sep 2016
PRIME PADDINGTON INVESTMENT
An exceptional offering in the tightly held Paddington precinct. Situated in the heart of what is arguably one of Brisbane's most desirable locations is this freestanding Paddington shop/office on 612m2.
Various options are available;
(a) Hold as a passive investment with 3 tenants
(b) Owner occupy part and lease balance
(c) Develop rear of property - Preliminary plans are available to show possible development opportunity (STCA)
â?¢ 612m2 (approx.) land
â?¢ 286m2 (approx.) NLA
â?¢ QPP- DC1
â?¢ 10 Carparks onsite (4 in tandem)
â?¢ Development potential (STCA)
â?¢ Holding income
â?¢ High demand destination retail and dining precinct
â?¢ Excellent exposure and street appeal
â?¢ Elevated block
Paddington is only 2kms to the CBD and benefits from excellent local amenities, access to major arterials and public transport. With a wide range of businesses in the area and in close proximity to Suncorp Stadium, Caxton Street and The Barracks.
Please call the Exclusive Agent Geoff Esdale for further information and to schedule your inspection.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information