1 Forest Avenue Kirwan QLD 4817
- 650 m²
- For Sale, $879,000 (GST na)
Fully Tenanted Strip Shop Investment - 7.12% Net Yield - 6 tenancies!
- 7.12% net yield investment in Townsville
- $45,000 capital works in last 12 months
- Fully tenanted - well located in Kirwan
Located at 1 Forest Avenue, Kirwin , this property features 5 commercial ground floor tenancies and 1 upstairs residential unit.
The fully tenanted standalone facility produces a gross income of $97,445 with approx. $45,000 in capital works being completed over the last 12 months.
Tenanted by a variety of business including Mini Mart, Personal Trainer, Gel Blasters, Waffle Shop and a Takeaway shop, 1 Forest Avenue features plenty of onsite parking for customers and tenants.
This multi tenanted investment offers a good quality tenant mix and solid returns, located within a large residential catchment area and with easy access off both Ross River Road and Forest Avenue.
|Floor Area||650 m²|
|Land Area||716 m²|
|Parking||20 x Onsite parkings|
|Building Type||Whole building|
|Annual Return||Ask Agent|
|Last updated||25 Sep 2019|