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1 Forest Avenue Kirwan QLD 4817

  • Retail
  • 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.

Property Highlights

Property ID2015653079
Floor Area650 m²
Land Area716 m²
Parking20 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
Last updated  25 Sep 2019
Map for 1 Forest Avenue Kirwan QLD 4817
Drew Camm
3 Lucinda Dr Highfields QLD 4352

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