FULLY LEASED CITY FRINGE RETAIL INVESTMENT Raine & Horne Commercial are pleased to present to the market via Auction, 160 Musgrave Road, Red Hill;
* 514sqm* Retail Centre located in Red Hill
* 468sqm* Freehold site with great exposure to Musgrave Road
* Fully leased investment until early 2019
* Current Net return - $113,296pa* + GST (approx)
* Established existing tenants
* Great investment opportunity within tightly held Red Hill
Freehold inner city properties of this nature are seldom offered to the market for sale, providing the successful purchaser a unique opportunity to acquire a fully tenanted & high exposure retail...
RED HILL FREEHOLD SITE WITH FUTURE UPSIDE * 200sqm ground floor office/retail space with Musgrave Road frontage
* 50sqm basement storage with multiple access points
* Currently leased until June 2017 (available earlier upon request)
* Approved Development Application for residential/commercial site
* 862sqm Land zoned LMR - Low/Medium Density Residential
* High exposure position with good access
* Future "value add" potential
* Ideal owner occupier opportunity
* Vendor instructions are clear - This Must Be Sold!
For further information or to arrange an inspection contact Alex McSweeney or Trent Bruce of Raine & Horne C...
DOMINANT INNER CITY RETAIL INVESTMENT - Fully leased freehold convenience centre with diverse tenancy mix - 60% of income secured by national tenants including BWS & Anytime Fitness - 1,010sqm* NLA spanning over five tenancies with excellent tenant retention - Strategically positioned on a 2,528sqm* corner site with significant exposure to two major arterial roads, 6km* from Brisbane CBD - Net income $323,492 p.a.*
RARE FREESTANDING SITE WITH DEVELOPMENT UPSIDE!!! Elders Commercial Brisbane are pleased to offer to the market for sale 141 Musgrave Road, Red Hill. This regular shaped lot in one of Brisbane's prime City Fringe locations offers huge potential to the right purchaser. The opportunity presents itself to hold for growth & returns, develop the site to maximise its potential or add value to increase future returns.
Other features of this great opportunity include:
- 250m² (approx) NLA with great exposure to Musgrave Road - 862m² LMR2 zoned Land - up to 11 Onsite Car Parks - High exposure position with great access - Development potential or ex...
High profile refurbished office with excellent car parking - Well-presented and recently refurbished office / showroom / consulting space
- Large 998sq m corner site
- 37m* frontage to Musgrave Road traffic
- Two street frontage and two street access
- 13 on site car parks
- Low site coverage – 35%* allowing for future expansion (STCA)
- Future development upside (STCA)
- Excellent location for billboard/signage
- Suit office, medical/consulting and retail/showroom space
- Walk to Suncorp, Kelvin Grove QUT, The Normanby Hotel, Brisbane Private Hospital
- Contact Exclusive agents to arrange inspection – Must be sold