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11/20 Park Road
Milton QLD 4064
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Sold on 18 Mar 2015

11/20 Park Road Milton QLD 4064

  • Shop & Retail
  • 107 m²
  • Sold

Trophy Blue Chip Investment in Park Road, Milton Secured by a New 10 Year Lease

- Located in dress circle position in the thriving Savoir Faire Café and Restaurant precinct
- Secured by a new 10 year lease to the well established award winning Mediterranean Bistro 'Alegria'
- Currently returning $156,000 per annum net
- Bank Guarantee of $78,000 and annual 3% rent increases
- Exclusive location approximately 200 metres to Milton Railway Station
- Walking distance to Milton City Cat Ferry Terminal which is currently under construction at the end of Park Road
- Outstanding blue chip investment opportunity
- For Sale $2.15M - Net Income $156,000 per annum @ 7.25% return

Property Highlights

Date Sold18 Mar 2015
Floor AreaAsk Agent
Land Area107 m²
ParkingAsk Agent
Property ID2011328183
Category
Last updated  1 Dec 2014
Map for 11/20 Park Road Milton QLD 4064

Property Highlights

Date Sold18 Mar 2015
Floor AreaAsk Agent
Land Area107 m²
ParkingAsk Agent
Property ID2011328183
Category
Last updated  1 Dec 2014
Level 33, Riverside Centre, 123 Eagle Street Brisbane City QLD 4000

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