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Sold on 16 Nov 2020

15-17 Hammett Street Currajong QLD 4812

  • Shop & Retail
  • 339 m²
  • Sold

MAKE YOUR MONEY WORK FOR YOU

    This is a quality well-presented and renovated 2 tenant retail shop, that is fully air conditioned and has ample on street parking at the front along with rear lane access. The area is home to numerous quality businesses that make for a vital shopping precinct. Building was untouched by the February floods of 2019.
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    Tenancy 1: -Progress Book World
    Progress book world was established in 1983 and has been in continuous operation since then. It is a specialist supplier of educational textbooks, stationery and art materials + Newsagency and Golden Casket. Lease area 245m2
    New 3-year lease with a 3-year option will be supplied prior to sale settlement.
    Current rent $71,504.40 PA INC GST
    -----------------------------------------------------------------------------------------------
    Tenancy 2: - All About First Aid
    Lease area 94.8 m2 of office
    3-year recent lease in place. Current rent - $17,160.00 PA. Inc GST
    Year 2 commencing 01/02/2021 - $20,020.00 Inc GST
    Year 3 commencing 01/02/2022 - $22,880.00 Inc GST
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    Combined annual lease $88,700.40 PA Inc GST
    i.e. $80,636.73 Excluding GST.
    ---------------------------------------------------------------------------------
    Outgoings Rates for 2019 $ 4,318.00
    Insurance $ 4,152.00
    Total $ 8,470.00
    Total net return $72,166.73

    Graham Spilsbury
    John Gribbin Realty
    Graham Spilsbury
    John Gribbin Realty
    John Gribbin
    John Gribbin Realty
    John Gribbin
    John Gribbin Realty

    Property Highlights

    Property ID2016052771
    Date Sold16 Nov 2020
    Floor Area339 m²
    Land Area404 m²
    ParkingOn site parking available
    Building TypeWhole building
    Category
    Last updated  16 Nov 2020
    Map for 15-17 Hammett Street Currajong QLD 4812
    Map for 15-17 Hammett Street Currajong QLD 481215-17 Hammett Street Currajong QLD 4812
    Graham Spilsbury
    John Gribbin Realty
    Graham Spilsbury
    John Gribbin Realty
    John Gribbin
    John Gribbin Realty
    John Gribbin
    John Gribbin Realty

    Property Highlights

    Property ID2016052771
    Date Sold16 Nov 2020
    Floor Area339 m²
    Land Area404 m²
    ParkingOn site parking available
    Building TypeWhole building
    Category
    Last updated  16 Nov 2020
    John Gribbin Realty
    1/319 Ross River Road Aitkenvale QLD 4814
    Graham Spilsbury
    John Gribbin Realty
    Graham Spilsbury
    John Gribbin Realty
    John Gribbin
    John Gribbin Realty
    John Gribbin
    John Gribbin Realty
    Graham Spilsbury

    Graham Spilsbury

    John Gribbin Realty

    John Gribbin

    John Gribbin

    John Gribbin Realty

    0418 *** ***
    0418792202

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