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Sold on 6 Dec 2019

15 Drynan Drive Calliope QLD 4680

  • Shop & Retail
  • 806 m²
  • Sold, $620,000

COULD THIS BE THE BARGAIN OF THE CENTURY

Could this be the bargain of the century?

Currently just over 50% tenanted, yet returning a gross income of $65,000*^ per year which nets out to over $5,500*^ per month.

Massive upside.

Some minor improvements to the shopping centre and one or two more tenants could double the income and allow extremely high cashflow investment getting a return of up to 20%* once fully tenanted. Currently at 8.8%*^.

Do not delay, act quickly and grab this shopping centre!

It could be the first one on your portfolio of shopping centres.

Contact Andrew Allen today on 0408 799 585.

*Approx
^Subject to change due to nature of retail tenancies

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

Property Highlights

Property ID2015149554
Date Sold6 Dec 2019
Sold Price$620,000
Floor Area806 m²
Land Area3,758 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Category
Last updated  11 Dec 2019
Map for 15 Drynan Drive Calliope QLD 4680
Map for 15 Drynan Drive Calliope QLD 468015 Drynan Drive Calliope QLD 4680
Ray White Gladstone
35 Tank Street Gladstone QLD 4680

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

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