136a Street South Street Centenary Heights QLD 4350

136a South Street Centenary Heights presents a prime opportunity for the astute investor to secure a significant investment property. It is a standalone property in a good trading location and has proven tenants.

The head Lease for the Newsagency and Post Office has an initial term of ten years and commenced on 1 July 2022. A fresh Lease for the Clinic commence on 1 January 2025 and is for a term of two years.

There has always been a Newsagency in the front tenancy since the building was constructed in 1970's and the other retail outlets adjoining this property in South Street and the Centenary Heights High School assists in generating a strong customer base. Another indication of the strong trading is that Australia Post in the near future will install a parcel collection facility at the front of the building next to the existing mail box.

Features:
- Annual Nett Rent: $96,228.25 plus GST
- Land Area: 898 square metres
- Net Lettable Area: 394 square metres

For more information, contact exclusive agent Shane Kennett of LJ Hooker Commercial.